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Author Topic: Half bread is better than none  (Read 1370 times)
tracyhayley
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October 28, 2020, 10:47:10 PM
 #61

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.
that's a good word from you. i also with you. most of traders of investors are greedy and didn't learn from their fail in the past. they want to become rich in one day. maybe they become greedy because they have some regret too. in example, they hold a coin, then the coin goes up 50% that day and they take the profit, but in a few hour the price is going up to 150%. they regret to sold it. the next day they hold another coin, even the price up they didn't sold it, because they want a big profit like the other day. but the opposite happened, they just keep to get some loss every day.

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October 28, 2020, 11:28:38 PM
 #62

Are there any coins in 2017-2018 that have reached ATH, and now the price is above the 2017-2018 ATH again?
yes that's a picture of altcoins, if we measure it by price. If we measure it from how the community is, it will be clearer which altcoins will survive because of a good and loyal community as well as coins that are only Uforia because the community is not clear.

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October 28, 2020, 11:42:46 PM
 #63

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, that's why we should really be careful when choosing an altcoin, it is better to take risk in new altcoins that are promising than those old altcoins without any updates on the project or any development. Their prices will likely decline in the long run. Unlike in new project, there are possibilities that it will boom any moment once you have found a good altcoin.



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October 29, 2020, 12:27:12 AM
 #64

surely alts can make you rekt very easily. My strategy is always to hold strong alts which are in market from quite some time and doing good progress technically. Secondly if i am holding any alt fro mid to long term and its price 2x. I prefer to sell my initial investment. And thus i am left with actually free tokens only.
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October 29, 2020, 12:38:02 AM
 #65

There are some promising altcoins that are worth your time, you just need to make a research about them, remember people say the same thing with bitcoin, look where is it now, ethereum, litecoin, Dash, it will only depends on how their devs will work on this said projects or updates.

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October 29, 2020, 05:18:20 AM
 #66

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 totally and strongly agree to what you have said even its a small or a big profit it is still a profit that you have earned so make the most of out it. It is also true that several familiar cryptos/altcoins are now vanishing time to time that makes it really scary to invest to new cryptos. But if I were you I suggest that you stick in investing to the top rank altcoins even its too risky it will really benefits and can give you a reasonable profit.
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October 29, 2020, 05:24:19 AM
 #67

I will only hold a coin that comes with benefits for long term, there are few coins that gives you something in return while holding them, for example Tron, holding Tron will give access to new coins and you will get Airdrops on your Tron wallet from the new coins depending on how many Tron coins you have.

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October 29, 2020, 05:26:52 AM
 #68

If you are good at doing research you can easily find strong coins to hold but make sure you take your profit when the coin gets to a certain new price, there is no guarantee that the coin will keep growing, only very few coins did very well after a year or two like ChainLink for example.

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October 29, 2020, 05:36:26 AM
 #69

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's very dangerous to hold any altcoin without proper analysis and again not taking profit is wrong, you may want to hold the coin for years but that shouldn't stop you from taking your profits while you can, take profit and wait for days or months for a new dump and buy some back.

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October 29, 2020, 07:18:11 AM
 #70

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.
True and people invest in any coin that gets listed on the exchange recently, I mean people always feel like when a new coin is listed on exchange it will always go high which is true for many coins but one must cash their profits sooner rather later because the price drops quite drastically after the initial bump that happened because of the new listing.

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.
The DEFI hype looks over and so are the number of tokens that were being made in the name of DEFI.  I think it is safe to say that now the hype is settled and only good projects should be able to raise funds because months back everyone was raising money even with fake DEFI projects.

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October 29, 2020, 07:27:21 AM
 #71

I support the motion, take profit and leave very limited percentage of the token or coin in your wallet just in case it surge in future, you'd still make some profits in this process, been greedy will keep pulling you back, I've learned the hard way and it pains me that I was like that in the past.
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October 29, 2020, 08:27:26 AM
 #72

For all those who are saying otherwise they haven't experienced loss in the process of holding coins that's why they are against what OP is saying, I've have hold so many coins in the past, they had high value but because I was greedy I keep holding on until they become worthless, another bad experience is ESH, I invested 3000$ on this coin and now my wallet shrinked to 150$

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October 29, 2020, 10:52:00 AM
 #73

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 no matter what and we should be thankful for it no matter how small or big it is.
I remember hearing that there are still profitable airdrops nowadays some got huge profit from it and others prefer to hold but the value went down after the hype and regret not selling it on the peak price,
But for me they should really be thankful no matter what they got at least it is from airdrop they didn't work hard for it, It is like free money after all.
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October 29, 2020, 11:02:12 AM
 #74

Lesson learned a long time ago.
I don't wait too much if it ain't that special for me.
I got like 3 in my altcoin list that I fully support and until now they are still kicking.

But, there are projects that need to be sold after listing.
Sell and leave. That way, you won't regret it if ever a strong pump happens. Never look back.
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October 29, 2020, 01:37:16 PM
 #75

Profit is good but if we went to follow that advice with every single investment we'd always end up with a low/mediocre profit.

Many early Bitcoin investors did that mistake and sold when their investment doubled. How would you feel now if you had 100BTC bought for $100 a coin and sold them all for $300 in 2013 and then came back in 2017 to see 20000 USD?

Of course the above doesn't change that most altcoins are bad and will depreciate in value over time. You have to know what to hold.
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October 29, 2020, 01:42:48 PM
 #76

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 thing is that we all are greedy and no matter how big gains we are seeing we will aim for more and more, I confess i have missed to take profit many times just out of greed thinking that price will keep going up. So yes we do need some profit taking strategy.

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October 29, 2020, 02:01:08 PM
 #77

Obviously the temptation to make huge profit with new altcoins can be harmful we mustn't wait too long for a suitable time because circumstances may be change anytime it's better if we're in profitable state then we must take it, falling in temptation to make more profit could end up with loss.
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October 29, 2020, 02:28:20 PM
 #78

You should always try to see none as an option, because if you do not see none as an option, they will make sure that your half bread is standard and nobody should expect a full bread. If you focus on the small givers and half empty promises and basically just bad practices just because you made 20 bucks that month thanks to it, instead of 50 bucks you got promised, you can't just say "well 20 bucks is better than 0" because that means "20 bucks is fine when promised 50 bucks" as well, and people will use that.

This is the reason why try to get all of your bread, try to make sure you got everything you earned, and if not do not shut up about it just because you got paid a little, that is a shut up money and not what you deserved, you should still continue to complain and accuse the people who didn't give you the full bread.

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Onika84
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October 29, 2020, 03:55:00 PM
 #79

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 know someone he bought meme tokens when the price was still high. However, because he is an NFT artist, he said that it was not because of profit or not. An emotional decision, but it does exist.

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October 29, 2020, 04:22:29 PM
Last edit: October 29, 2020, 11:16:49 PM by DeadCoin
 #80

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 if we are weak to access in any part from the desirable trading I think even half of the bread we can't get even a little. because every round in life has really had a failure situation, as if always with thorns.
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