MCobian
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October 27, 2020, 10:58:59 PM |
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I agree with you that investing in altcoins is really scary, especially without good experience and knowledge in the cryptocurrency world. Then deciding to invest in large amounts, of course, will make the level of risk we face is much greater. Therefore, if the altcoins we have are already profitable, immediately sell my advice, don't be greedy, wanting a bigger profit. Because no one can know what will happen in the future.
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Kasabus
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October 27, 2020, 10:59:30 PM |
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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.
No, they are not all scary. What makes things like that is you are investing in a ghost project which is also run by a ghost developer.m No wonder why they suffered losses, ended up to nothing. But we can also blame ourselves why we should have to invest in altcoins that we know already the possible ends? Why not having Bitcoin? What had driven most investors investing altcoins, new projects because of very attractive offers, x2,x3 on investment returns? Greediness brings no good but worse. Yes. We all know that altcoins will still end up the same way so we don't have to focus investing on altcoins if we don't want to endure losses in the end. Bitcoin is still risky to invest but atleast we know for sure that we will make good profits from it once we learn how to drive with its pump and dump season. I think it's a matter of patience and knowledge in the end.
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lunnatic
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October 27, 2020, 11:53:11 PM |
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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.
depending on how smart you are to analyze these altcoins, if you depend on fundamentals alone, prices can fall free, like all altcoins, but if you intend to invest, make sure fundamentals and chart analysis also support, because that's very important, good luck mate.
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cahbagus555
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October 27, 2020, 11:58:40 PM |
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In the cryptocurrency market, Bitcoin and ethereum are still considered the main and safe investments compared to other altcoins. Altcoin price movements are very volatile making altcoins a risky investment and it is better if the target price and profit targets that we have set are achieved, we should make a profit and sell these tokens and maybe switch to other altcoins that are trending
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samcrypto
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October 27, 2020, 11:59:19 PM |
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Put this into your mindset and you’ll be good forever, don’t wait for a much bigger profit you have to face the reality because you can’t be rich in this market without taking profit. The new listed altcoins usually pump on its first week and after that, expect it to dump so don’t hesitate to sell every time you have the chance. Its ok to hold but make sure its on the top position and have a better chance to go up, like Bitcoin.
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gabbie2010
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October 28, 2020, 12:58:42 AM |
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Some experience investors or traders knew how to trade these altcoins, they take profits at the appropriate time irrespective of how big is their profits and move on to another one, afterall 'half a loave of bread is better than none' hodling altcoins is very risky unlike Bitcoin whose volume traded daily is very high with a huge market Cap, gone are days when hodling altcoins for a long period yields good profits the era was 2017 when Bitcoin reached ATH.
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btc-facebook
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October 28, 2020, 01:33:52 AM |
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Not all altcoins can be hit and run, some altcoins can continue to be held because they have strong fundamentals, Litecoin and Ethereum are one of them, If a coin like NXT or Waves, even though it is an old coin I do not recommend it because the development is not good enough (my opinion).
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lixer
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October 28, 2020, 05:53:30 PM |
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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.
It happens with a lot of altcoins, DeFi projects are also something else. Projects that will look good and before you know what’s happening, it’s getting dry and you’re starting to lose money. Taking profit when you can is a really good step to take, although some people don’t take that step because they feel that the market will get better and if they should sell they are going to miss out the huge profit. Yes, you can miss out from the huge return on investment, but as long as you have gotten some little profit, it’s still something and much better than losing.
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Shef198911
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Bounty Campaign Manager
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October 28, 2020, 05:59:34 PM |
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Recently, I only do this, very rarely leave something hold, since basically all attempts were unsuccessful, I'd rather fix some part of the profit than wait another half a year or a year when I get a profit ) There were of course when you could earn 3-4 times more if you waited only 1-2 days, but you could also get even less of what you recorded ) the Crypt is strict, you should not joke with it )
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disconnectme
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October 28, 2020, 06:12:11 PM |
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Anyone that has been in this space pre-2017 bull run and never learn that the most important thing is to take profit aside and never try to pick the top is not going to learn again. I will advice all these newbies that they should bever believe the hype, and never compare A to B. If price of A hits $10 that doesn't mean B will hit $1.
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target
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October 28, 2020, 06:19:11 PM |
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This is not entirely true, there are still projects today that have been updating their community of the developments they did over the years since 2017. I have been a long time follower of some projects that I'm holding.
Waves, EOS and NEO are still up making some pumps, these are old tokens that have gone up that I didn't expect after the crash since early 2018 but they are very much alive still.
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tvplus006
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To the Moon
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October 28, 2020, 06:49:44 PM |
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Yes you got that right, another way around this is to invest in IEO from binance exchange, I haven't seen a IEO project from binance that disappoints unless you decide to hold after all that 2X to 7X gains which is a wrong move
I have participated many times in IEO, which were held on Binance and many times won the lottery for the right to buy tokens. And now I understand very well that after the coin is listed by Binance, it is necessary to sell it as quickly as possible, because the price starts to fall in a few hours. And this fall continues until the price is halved.
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desticy
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October 28, 2020, 06:56:44 PM |
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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're right. Cryptocurrency is cyclical and every time we can see falls after ups. Therefore, profit-taking should be the basis of a rational hold. While fixing won't get along well with hold, how can you make a profit without fixing? Even if you are the most conservative holder, sooner or later you will have to fix your profit, because this is the essence of hold.
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uray
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October 28, 2020, 07:01:32 PM |
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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. The problem here is that majority of the projects that were created are to pump and dump the coin and majority of the people here in the forum had a good time during that period making a ton of money basically simply doing nothing and so is the reason majority of these projects are either dead or abandoned and now we have the DeFi hype and i am expecting the same. Legit projects will always thrive in the long run and there are only a few in the entire cryptocurrency space.
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Gvent
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kittiefight.io Combat MMO Lending Jackpots
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October 28, 2020, 08:21:27 PM |
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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.
altcoins for me are like something that is both very tasty and very dangerous on altcoins, you can make a fortune in a few weeks and at the same time completely lose everything in a matter of hours I try to be wary of them, but at the same time I buy them and invest in new projects
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okala
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October 28, 2020, 08:32:12 PM |
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The altcoin market is always scary because when it want to crash it always be a pile of cake melting under hot temperature, you can lose everything within an hour and at the same time make huge profits. Once it comes to altcoins just take the profits when you can.
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flyeers309
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October 28, 2020, 09:02:47 PM |
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Many coins / tokens were created but only a few survive because natural selection will always occur. Believe it or not,the old altcoins that are always creating something new, such as making new partnerships, etc. We have to be aware that some projects today are like monotony and only imitate the previous ones. Hit and Run will be very useful because long-term investment into a project that is still not recognized the quality will only create new losses.
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Rexler
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October 28, 2020, 09:21:24 PM |
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Honestly, you are right, investing in altcoins is more scary than I thought, and holding them is very dangerous cus the price could just drop and you will never see it anywhere that price again, so many of those altcoins back then in 2018 are all dead right now, most of them never had a real use case and some of the projects failed to delivered what they promised, I would always advice any new trader to stick to bitcoin and a few top altcoins only.
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tabas
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October 28, 2020, 10:12:39 PM |
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It is scary if you choose random altcoins and you don't know exactly where you are investing. Some altcoins are worth to take and it's only happening if you do know the history and potential of that altcoin. But if you are only riding the hype, sorry but you're likely to lose a lot. See those yield projects and other defi projects, many have been made but only a few are continuing.
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24Kt
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October 28, 2020, 10:19:25 PM |
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It is scary if you choose random altcoins and you don't know exactly where you are investing. Some altcoins are worth to take and it's only happening if you do know the history and potential of that altcoin. But if you are only riding the hype, sorry but you're likely to lose a lot. See those yield projects and other defi projects, many have been made but only a few are continuing.
I don't expect that a lot of them will survive after the defi hype is over. It is very obvious that most of them are just fake imitations, like imitation from imitation. Even their websites, they are blatantly copying others. I hope people are now smarter than before and don't fall for the hope that they will get their riches from these defis. It is always better to dig each project that you seriously want to invest, not just following some hype or someone else's advice.
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