Mighty_crypt (OP)
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October 27, 2020, 05:42:23 AM |
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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.
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TheUltraElite
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Going to reach LEET merits soon!
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October 27, 2020, 06:00:39 AM |
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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, Honestly they are not worth a cent of money or time. The altcoins that became big with the 2017 pump are now shitcoins. Most of those projects ended up the same way either a failure or a scam. If you are looking to buy those thinking that they are going to be big some time, then you are being foolish with your investments. A vaporware it might have been and thus you should move your focus to bitcoin. All new project altcoins end up the same way. Rest of the top 10 are still buy-worthy.
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yslyv
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October 27, 2020, 06:01:11 AM |
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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.
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turn the page
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VDraci
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SAPG Pre-Sale Live on Uniswap!
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October 27, 2020, 06:12:42 AM |
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You are very correct, this is why my best pal in crypto space is stable coin, BUSD and USDT, whenever some profits are available for me I've quickly turn them into stable coins, this way I progress easily compare to the past that I kept losing money simply because I wasn't satisfied
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unusualfacts30
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October 27, 2020, 06:41:50 AM |
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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.
There are too many coins which makes it difficult for new traders to choose and they end up losing. thats why its a good idea to stick to alts that have been tested through times and continue to show progress and stability. If you keep gambling from new altcoin to next new altcoin, eventually you'll end up losing everything you have gained.
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Samayuki
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October 27, 2020, 06:47:04 AM |
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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.
There are too many coins which makes it difficult for new traders to choose and they end up losing. thats why its a good idea to stick to alts that have been tested through times and continue to show progress and stability. If you keep gambling from new altcoin to next new altcoin, eventually you'll end up losing everything you have gained. 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
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Beparanf
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October 27, 2020, 06:50:11 AM |
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Most them were failed to deliver the project main goal that they promise during there startup. This is the best example for expectation vs reality post. It's easy to promise a brilliant idea during initial stage but most of them didn't continue the development due to some original member already leave the group after they received there share on the token sales that locked for a certain period of time. They are just still alive because they want to exit scam slowly to avoid being sue by investors. They are just waiting for there community to slowly die just like many project did and announce bankruptcy later.
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JeotQ
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October 27, 2020, 06:54:07 AM |
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It's no surprise that some make big money from scam projects, I've read online that someone make biggest money from a scam ICO project in 2017, something that inspired me into promoting projects, my aim is to get paid and take my profit instantly, whatever happens to the project after is none of my business, I only trust top altcoins and bitcoin
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romero121
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DGbet.fun - Crypto Sportsbook
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October 27, 2020, 06:58:29 AM |
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We've got more altcoins that are highly profiting, but we can't take the profit everytime for some reason. At times even an altcoin with good trading volume go low with low trading volume in no time. This is very big risk, because we've bought it at a lower price and the price has grown little. When we go to sell it out and take the profit there'll be bots which never lets us to execute the trade.
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btc_angela
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October 27, 2020, 07:24:54 AM |
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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.
Because people don't realised that altcoin is more volatile and dangerous than bitcoin. And I believed that there are still investors who thinks that they can still make profit just like 2017. If you have set this mindset in the beginning then you will likely lost already. Of course profit is profit, but there are greedy people here, who wanted more, so when they have profited already, it's not enough for them. But I do agree that to an extend, if you have make profits then exit and reinvest on our projects to keep the ball rolling for you. No need to target 100x to 1000x or even higher because you need to have an element of luck and it is seldom that you can get into a project that will give you that huge profits.
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Dr.Osh
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Buzz App - Spin wheel, farm rewards
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October 27, 2020, 07:30:33 AM |
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that is a very true statement. If you look at the situation from the past, it's better to take big or small profits, because that's better. it's just that sometimes the potential of an altcoin is quite large, and many people prefer to hold back rather than take a small profit. things like this also very much happened from 2017 to 2019. the proof is that until now there are still many people who hold back altcoins that used to choose high prices, but have not been sold until now, and are still waiting for the price to rise again.
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btcltcdigger
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October 27, 2020, 09:53:47 AM |
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Profit is indeed profit, be it 10% or 110%. Point is to be realistic about it. Many people (including myself in the past) want some shitcoin to be a hidden gem, the next bitcoin. You gotta realize that's like 1 in a million. Like YFI, most of us shrugged it, some went balls deep in it and are now rich. But who knew?
Set realistic goals, take profit where you can, and leave some small % (like 5 or 10) for a hail mary scenario.
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bitpotter
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October 27, 2020, 12:06:20 PM |
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Indeed it is like that. I'm just looking for profit from altcoins, after that I exchange the profit into bitcoin. So I am very relaxed and don't need to panic if anything happens to the previous altcoins, whether that's the reason it doesn't work or a scam, I've anticipated it first.
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erikoy
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October 27, 2020, 12:12:36 PM |
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You have a good fighting spirit there OP in regards with your thinking over the bounty rewarsds. I agree with you that a reward that could be monetize is considered as profit may it be big or small rewards the good thing is that it can be help like converting it to currency to spend in daily life needs.
I see there good projects that pays well like the UNI rewards coins. Many had earn on it and they are lucky to get quite good amount from just using the platform.
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EmmaGod
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October 27, 2020, 12:23:49 PM |
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In this space, there is a possibility of one making a lot of profit from a single trade, but that does not come everyday. Its best to smart and don't end up leaving with a loss because of greed. You may be unable to make a huge sum of money from one trade, but making little profits from several trade isn't a bad choice. We need to Learn how to trade with the mindset of earning without the greed of making excess profit.
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carter34
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October 27, 2020, 12:32:38 PM |
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most especially from new altcoins, Profit is Profit, either big or small.
I also see.many people who have had some benefit from altcoins are those who sold as profit is reach from the point of hodling. Even bounty reward have made some participants a good life and happiness because they sell early after distribution. Some altcoins reach to their peak at time of distribution.
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crzy
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October 27, 2020, 12:40:59 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.
Being greedy will put you into this kind of situation so if there’s a chance to take profit then do it as early as possible because we don’t know what will happen next to that project. I have to agree on this one that many token are good before during the bull market but not they didn’t make any progress so I don’t think they will recover easily on the next trend, in short don’t be greedy and sell on your target price.
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Johnyz
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October 27, 2020, 12:48:35 PM |
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most especially from new altcoins, Profit is Profit, either big or small.
I also see.many people who have had some benefit from altcoins are those who sold as profit is reach from the point of hodling. Even bounty reward have made some participants a good life and happiness because they sell early after distribution. Some altcoins reach to their peak at time of distribution. Hunters always know the risk of selling early or the risk of selling too late, there’s no other way but to create a decisions that you wont regret later on. If you have tokens that you are still holding for a year or more now think again and know when you are going to sell your holdings. If there’s no progress at all then its hard to tell the future of those tokens and maybe they’ll die sooner or later.
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kentrolla
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October 27, 2020, 01:10:07 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.
Well that's how crypto is all about none of the alts are unique, they spark if BTC goes up and down pour if the same goes down still they are dependent on BTC. During their launch they come up with different ideas but unfortunately in reality they will end up with fail, Still Alts are good but it's upto btc price
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tsaroz
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October 27, 2020, 01:42:17 PM |
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Truly said. You can hold bitcoin and some altcoins for a long term if you believe they'd be much bullish in the future. But if you still want to take the risk for a greater reward, don't just jump 100% on a new coin. However promising it may look, diversify your portfolio with different types of coins. Don't put more than 50% on the same coin.
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