Half bread is better than none

[gantez]

Yeah correct. I also did it many times. We are trying to be rich quickly. But crypto trading is like a marathon. The purpose is increasing the capital slowly. Shifting stop losses to profit side is always very helpful to do that.

exactly, we should be quick because when weak accessible to anything from trading I think even half of the bread we can't get. because every round in life has really failed.as if always with thorns.

Trading surely requires patients to have success at the end time. No need to be in a haste because you can regret from a wrong move out of rush. Taking it slow in building the trade can help in confidence level and you make little mistake that won't destroy all you have built.

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[peterpanda]

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 is really true that investment on altcoin is so risky at this time. 2018 was a good year for investment in altcoin. If we want to be safe then we should invest on bitcoin, ethereum, BNB but profit won't so high.

[cepot9]

That is why the cryptocurrency is said to have a very big risk because the price is so volatile and there are many unexpected projects where they will survive to continue to develop it. Serious projects will certainly be easy to pass because they also build strong communities. Take profit and quit if you don't believe and if ready to lose then hold on.

[barbara44]

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.

This is the exact same thought process almost all the bounty hunters have as they do not want to wait and hope for better prices hence they want to dump as soon as the coin gets listed on the exchange at whatever the value is, if even it is 1/10 of the expected value. I don't want to say this mentality is wrong or needs improvement but frankly speaking sometimes if you wait you can earn so much from a single token which is more than you will earn with all the coins combined in your life.

It all depends on your financial situation and if you sell for a living then maybe it's right to sell asap but if you have enough stability and only earn these tokens for savings and enthusiasm then waiting might be worth it.

[tycsols]

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 biggest problem is that most of the new projects when listed on exchanges their price keeps going down. You have rightly suggested to take profits but how one can take profit when the price stays even below the break even. This is just like getting trapped but lets hope that the market will improve in investors favor soon.

[ingiltere]

If you don't %100 believe for a project, then you are right, it's risky to stay for a longer time.
Most projects are like that, take profit and leave until next bubble or hype. But there are some coins that prove their quality and you don't have to worry about such thing.
For example I didn't trust Ethereum when it first came out, but now it's proven quality coin despite some minor problems.

[tabas]

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.

Yes, it seems that the defi hype is totally over. But they have established a market that can continue on its own even without the hype that it needed before.
The newest projects shouldn't expect a lot that the investors will chase them as if there's still a lot of money that can be profited in them. Money was overflown to the defis and it wouldn't be the same anymore like the old projects.

[Lordhermes]

Even if the noise of take profit is been alarmed everyday, some inventors wouldn't listen, what really kills them is stinginess.

Defi is yet to stay, same thing as shitty ones too without background use case, investors will still fall in the trap of patient holders thereby losing drastically which the initial price can never come back thereby leaving investor in recovering phase instead of hitting sell button taking profit even if 5% gain. It pained seeing investors ignoring the slogan " take profit"

[akram143]

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.

Some coins may give initially, some coins may give profits at the unexpected time, and a lot other coins will never ever give profits to the users because the project team itself will dump them and make it worthless.

[nrvasquez]

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 biggest problem is that most of the new projects when listed on exchanges their price keeps going down. You have rightly suggested to take profits but how one can take profit when the price stays even below the break even. This is just like getting trapped but lets hope that the market will improve in investors favor soon.

Again, i think it depends on the project's team capability. there are also a lot of projects that have good team member that can still maintain their prices, but you also must know that this is crypto, we all know that its high risk

[TanakabZX]

It's always in the blood of newbies to become a future whales so they start holding any tokens they can get their hands on, I've done this years ago and it never favour me, I end up losing more money in the process, many coins and coins I hold turned into pennies right before my eye, I was in more debt and I couldn't feed myself well but things start changing when I changed to taking profits, I'm now able to feed others around me as well, just my own experience

[TanakabZX]

It's not entirely wrong to hold but make sure you hold only what you can afford to lose because there is no guarantee that the coin will survive in just few years later, some projects turn into shit coin in just under a year, you need to play safe by taking profits and holding few tokens that won't hurt you if things don't go as you wished

[joseyphil82]

Many projects will dump once trading starts on listed exchanges, I'm sure bounty hunters know what I'm talking about, go to coinmarketcap and do few research, how many projects that are launched in 2018 and 2019 still hold their value ? Their ATH and today's price are like day and night, taking profits will guarantee you with having something to lean on, stop chasing ghosts already

[joseyphil82]

What you said really makes sense, but also, believing in some coin's project is a good thing as well. Value investing mate.

It's good advice but it's safer to be ready for any positive or negative outcome, that's why taking profit is good, you can hold few coins that you sure are good but not taking profits and just holding will put you down in a rabbit hole, you may end up having nothing to show for all the years you've been into crypto investment

[bitbollo]

if you buy just "speculative" projects, what I define as the last hype, you can't have any other outlook for your investments.  
But with some other coins, selling immediately coins is a huge error! Or at least has been in the past ... Just look most of coins launched before ICO hype 2017 in top 100. Waves, ETH, Rai etc etc a lot of coins have get a strong re-evaluation during the time.

[asepsetiawan1990]

Crypto is unpredictable, there are some people who make the right decisions and choose the right projects and succeed, but it takes time and persistence. There are also those who want to get results quickly by taking big risks.

[Emitdama]

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.

That is right and indeed they have a certain life time after which they become dead unless they have a real use case and some big developments coming behind the coin.

I also trade alts for example for UNI gave away free coins, I knew the price will drop but then rise slowly as the dumps have finished so I bought some when the price dropped after initial listing and then after 1 week or so I sold all the coins for small profit. Had I waited for more profits then I would have been in loss by today's price. So it is worth selling the coin with small profit instead of hunting for big returns unless you are sure that there is some development going on and there will be demand in market in coming time.

[trauchot]

Top altcoins that have been traded in the cryptocurrency market for a long time will always bring income, you just need to follow these top altcoins very carefully and the developers of these top altcoins publish various updates on an ongoing basis, you just need to always make investments wisely and then the profit will also please.

[Em00n01]

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'm agree with you. I have a lot of bad experiences with alt. Nxps, Dent, Cred, Dcn, Lcd etc created a lot hype in 2018 but all of them are seems to be dead. No update , no development! Still i regret for not taking profit that time 

[isaac_clarke22]

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's why many tend to stick to Bitcoin, because it is far the most safe investment regardless of the volatility it gives, unlike many altcoins that just tend to dry up overnight because of many dumpers. It's like a common custom now to many new projects and that's quite scary to think of right now to be honest.