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Author Topic: Huge gains and still holding ?  (Read 1688 times)
Xampeuu
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July 18, 2021, 03:00:51 PM
 #41

everyone will not know when the market will go up and down, but in my opinion if we have tokens that increase up to 40x it really must be sold
Why should it be sold? whether after increasing 40X it will also decrease to 40X or even more? no one can predict the state of the cryptocurrency market, but with the huge selection of coins and tokens that have the potential, everyone has confidence when it comes to holding them.
Its better to still take profit whenever its possible and left some to hold. We know the market will still recover but we can use some of the profit to invest more in other coins. Its not always that the coins will increase so when there is an opportunity to take profit or to buy more when the potential coin is down then better buy.
indeed we must be able to take advantage of the situation, so that we can pocket a lot of profit, but if we hold on to it then our assets will increase a lot, when there is a new ath, and if we don't take it then all of that is just a value, unless indeed we will bequeath it to others. our child so that it will be held forever, I think there will also be people like that  Wink

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July 18, 2021, 04:02:41 PM
 #42

The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.

The mistake that is often made is when analyzing the market, we tend to worry too much, resulting in excessive panic and not being able to think properly, as a result, everything we do is messy and can't be done properly.

The Crypto world is very unfriendly to people who are greedy and unable to control themselves, not to mention that their knowledge is very minimal, so that whatever they do there is no maximum result.

It is important to turn greed into patience in investing, if this cannot be changed then don't expect what you want to achieve and learn to communicate with anyone or read references about the world of crypto investment.

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July 18, 2021, 04:22:27 PM
 #43

This could've happened with majority of the cryptocurrency hodlers. Most of the cryptocurrency users who got into the market during the days of ICO gaining more and more popularity kept hold of the ERC 20 tokens.

During the previous bull market there is big rise in the market of majority of the ERC 20 tokens, people out of understanding and greed kept hold of the altcoins. This way most of the users have experienced huge gains, but haven't enjoyed the profit and still holding.

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July 18, 2021, 04:36:03 PM
 #44

The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.

Long hold when seeing the price skyrocket is good, I think this is a strategy to get big profit, until now I have never sold bitcoin with the highest price like 2017 the price was $19k, some time ago it was $60k, this is because I still think that the price will always go moon not  greed.

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July 18, 2021, 04:45:37 PM
 #45

The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.

Long hold when seeing the price skyrocket is good, I think this is a strategy to get big profit, until now I have never sold bitcoin with the highest price like 2017 the price was $19k, some time ago it was $60k, this is because I still think that the price will always go moon not  greed.

It is greed that does not make maximum profit. If you trade or invest by analyzing first, you should have an exit point that you are aiming for. By selling at the highest price, you can buy back again at a lower price and will get more crypto.

The safest point is when your capital is safe, then you can play with your profit even more without risk. It's very safe. Sell some to buy back the capital you spent, and use the rest to maximize profit.

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July 18, 2021, 05:09:31 PM
 #46

everyone will not know when the market will go up and down, but in my opinion if we have tokens that increase up to 40x it really must be sold
Why should it be sold? whether after increasing 40X it will also decrease to 40X or even more? no one can predict the state of the cryptocurrency market, but with the huge selection of coins and tokens that have the potential, everyone has confidence when it comes to holding them.
Why don't we split our tokens? 40 times profit is huge even though someone thinks that price could go up more than hold half and sell half. As my experience doesn't invest your money (with those 40 times profit) in new altcoins, you can also split there. My case is different because without the top altcoins I don't hold 40 times pump altcoins.
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July 18, 2021, 05:16:26 PM
 #47

We must have a target to determine how long and why we should sell our token and i do agree with you coz some people were aiming to be the millionaires instantly without any effort but keep holding the when the price already gone to the moon is a very bad decision. So many people have experienced the dip after the pump to break another ATH
people should think again for the second time before they will try to hodl their assets after it reached another peak price again. I hope that your thread will give a small insight for those people

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July 18, 2021, 05:37:28 PM
 #48

because of human lust for bigger profits, everyone always thinks that the price of altcoins will rise even higher, they always want big profits, because of human greed in investing so that when the price drops again they just realize to sell it, I think there is no need to hold it if we got the maximum profit.
Holding assets because you have a lot of patience I think is not wrong, because from some assets that are held there will definitely be one asset that can provide more profits, but if someone prefers to sell early because of a small profit, that too is not wrong to do

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July 18, 2021, 05:38:59 PM
 #49

I think if it has better potential there is no problem holding on longer and it's not greed in my opinion. but must have a strong analysis of the altcoin that he wants to hold. usually holding an altcoin for a long time will give you a big advantage if the altcoin has potential with its price.

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July 18, 2021, 05:42:20 PM
 #50

The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.

You are absolutely right, if we are greedy we will be poor. Especially when everything, I mean Bitcoin, and other fundamental currencies are falling, it is just crazy to hold risky altcoins. Only short-term speculations and holding of BTC, ETH etc. are appropriate now. One more thing is that we, definitely, should follow our strategies and not give in to emotions.
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July 18, 2021, 05:55:41 PM
 #51

everyone will not know when the market will go up and down, but in my opinion if we have tokens that increase up to 40x it really must be sold
Why should it be sold? whether after increasing 40X it will also decrease to 40X or even more? no one can predict the state of the cryptocurrency market, but with the huge selection of coins and tokens that have the potential, everyone has confidence when it comes to holding them.

But how long will it last? growing fast and the proliferation of altcoins with large commodity systems makes it just stop in the middle of the road and no longer operate as it is today? stop that thought, and return to the center where we continue to monitor the longevity of Bitcoin which has increasing value and demand. And that's when no one else saw the damn coins have fantastic prices.

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July 18, 2021, 06:06:45 PM
 #52

I think if it has better potential there is no problem holding on longer and it's not greed in my opinion. but must have a strong analysis of the altcoin that he wants to hold. usually holding an altcoin for a long time will give you a big advantage if the altcoin has potential with its price.
Of course, before holding it in the long term we should at least do research and analysis related to the coin,
and if it's a potential coin I think it's fine to hold it long term,
which obviously takes patience to do that so holding is not an easy thing
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July 18, 2021, 07:19:45 PM
 #53

The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.

It's true what you say, I also can't imagine if this position is in myself, there is something wrong with this way of thinking, moving without stupid knowledge and as stupid as people are not likely to repeat the same mistakes.

Greed is a lust that needs to be controlled, if this lust cannot be controlled properly, then we will continue to lose in investing, greed is also a bad mindset to invest nowadays.

With the development of an increasing advanced era, we are required to perfect knowledge in any field, it is not enough just to rely on the abilities that exist in us, we need improvements from various aspects, whether friends or other knowledge, otherwise we will continue to be in a state of loss.

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July 18, 2021, 07:46:13 PM
 #54

You are right, I for once regret not holding my hex till the moment. The token has done well recently and if anyone still wishes to keep holding, then I guess something is wrong, either greed or ion hand holder. But for a trader, this is the best time to take the profits and wait for the market to crash, then buy more.

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July 18, 2021, 08:27:39 PM
 #55

The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.

They holding something they afford to lose so there is nothing wrong with that, can't they dream? of course, they can. You may be talking to someone who put some effort to invest a huge amount of capital in some altcoins which have no guarantee to come back. then that would be their choice and whatever might happen in the future with the Altcoins they currently holding, that will make them know the result of their doing if it's the right decision, the market of the altcoins they currently hold will pump up and if not then they can try again but this time they will avoid such huge investment to minimize the risk.

Ozero
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July 18, 2021, 08:52:53 PM
 #56

It's always a smart move to take profits, only stupid people will see their invested money turn to 40x and not take profits, what are they expecting? A 1000x or more? This people will be like those who hold in 2018 believing that crypto market will never come down, they will learn probably the hard way just leave them be
If a token with such a current fall in the market still has such a high price compared to the initial one, then one can imagine what its price will be when the market starts to grow again. I would not sell this token now. Some tokens are able to bring profit to their owner more than even bitcoin. Of course, everything needs to be assessed individually, taking into account the prospects of the project itself.
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July 18, 2021, 09:13:19 PM
 #57

Investors have different goals when they decide to invest long term, I really regret holding back some alts because the project ended without renewal, but this is a cryptocurrency, there is no definite profit, so sell when the target high price is reached and return with another altc or choose Bitcoin for long term

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July 18, 2021, 10:11:33 PM
 #58

Investors have different goals when they decide to invest long term, I really regret holding back some alts because the project ended without renewal, but this is a cryptocurrency, there is no definite profit, so sell when the target high price is reached and return with another altc or choose Bitcoin for long term
no one know about cryptocurrency future, we just predicted and the fact sometime will be different with our prediction. Loss was common thing for cryptocurrency investors, many projects going die after several months or year and unfortunately we have this coin. If we accept the risk it should be main problem for us. In future we still able to earn profits from another project and maybe major coin could be our choice to recover our loss.
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July 18, 2021, 10:34:15 PM
 #59

You are right, I for once regret not holding my hex till the moment. The token has done well recently and if anyone still wishes to keep holding, then I guess something is wrong, either greed or ion hand holder. But for a trader, this is the best time to take the profits and wait for the market to crash, then buy more.
if you sell your coins better to forget it and never look it again or you will feel disappointed if price soar . Just let it be our past and move to another project will give us another opportunity to earn profits. Today alot major coin have big discount , use your money to buy and hold it will be good decision to recover your previous trade.
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July 18, 2021, 10:35:18 PM
 #60

The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.

Pertaining to greed, I myself encountered that and until now I've been into regrets. All those failures made me learned a lot but we can't prevent ourselves to recall those times we've been into greed. Eventually you'll overcome when another opportunities will come, then moving on is the key to keep motivated again for a new chance to recovery.
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