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Author Topic: Huge gains and still holding ?  (Read 1640 times)
Rana590
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August 25, 2021, 08:39:11 AM
 #141

Well truth be told most people in crypto are still faced with greed, no matter the amount of profit made there find it so hard to take profit which is really not healthy for some one in crypto, well I was such a person who would make so much profit and ends up not taking profit while in profit till it turn to loss, but well now I learnt my lesson and when I see a coin doing very well I just keep my eyes on it to know when to leave the market and never look back.
But what about if a coin has much potential in near future. Yes, we can't predict the exact value of a coin or token but prediction is always acceptable. We shouldn't sell valuable assest by getting small profit. It may be happening on not potential project.
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August 27, 2021, 09:03:01 PM
 #142

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.

Don't blame anyone because everyone has their own investment strategy and goals. maybe your friend wants to hold it longer because your friend believes that the coin will continue to rise in the future so he continues to hold it until the target is achieved. so in my opinion this is not a mistake but a target and purpose in investing.

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August 28, 2021, 08:54:17 PM
 #143

Being greedy is, without a doubt, the biggest mistake anyone can make. I understand that we all have this type of conduct, but we must also keep in mind that we must not allow it to govern us. We must also learn to be content with a small quantity of money rather than fixating on large sums.
If we can know these things, I'd say making a decision was rather simple for us.

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August 28, 2021, 10:21:32 PM
 #144

Hex token huge growing I am also invested hex token and make profit and sell  40x profits its enough for me. believe crypto holding power very good decision anyone keep holding crypto obviously make rich. what are you doing Hold and sell its your own decision

I think your choice is right, because when altcoin that you invest (for example HEX coin) has given you 40x profit, then you better sell it and invest in other altcoin, because there are still many altcoin that have the opportunity to increase very high too, so of course it can makes you get more profit than you just hold one altcoin forever.

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September 02, 2021, 08:41:42 PM
 #145

First of all, Bitcoin is quite bigger and not any comparable with every other altcoins out there. In response to your subject, I take profit whenever my investment doubles on any altcoin bought. For clear understanding, if I bought a project for 100$ and it x2 within a short period.. I take off my 100$ and leave the remaining 100$ for a long term. I don't give room to greed in any way.

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September 02, 2021, 11:18:07 PM
 #146

First of all, Bitcoin is quite bigger and not any comparable with every other altcoins out there. In response to your subject, I take profit whenever my investment doubles on any altcoin bought. For clear understanding, if I bought a project for 100$ and it x2 within a short period.. I take off my 100$ and leave the remaining 100$ for a long term. I don't give room to greed in any way.
It's better to take off those profits when you've made it doubled into a short period of time. And if it's an altcoin that you've just recently bought and isn't really that popular.
You already got the favor of taking those profits while you can because it cannot escape afterwards the possible dumping of it.

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September 02, 2021, 11:21:58 PM
 #147

First of all, Bitcoin is quite bigger and not any comparable with every other altcoins out there. In response to your subject, I take profit whenever my investment doubles on any altcoin bought. For clear understanding, if I bought a project for 100$ and it x2 within a short period.. I take off my 100$ and leave the remaining 100$ for a long term. I don't give room to greed in any way.
It's better to take off those profits when you've made it doubled into a short period of time. And if it's an altcoin that you've just recently bought and isn't really that popular.
You already got the favor of taking those profits while you can because it cannot escape afterwards the possible dumping of it.

I don't know if you can call it greedy as well because he must have thought HEX could become just like the new Bitcoin that will keep going up. This is why it's true that we need to take profit but one would rather learn when to trade and take profit when there is a chance.

But if he prefers to keep holding, he better just sell and buy back at the right time. Because just like Bitcoin HEX or any other altcoin, the bull runs cycles too.

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September 03, 2021, 12:09:38 AM
 #148

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.
Well I think there nothing wrong in hodling long-termly knowing the cryptocurrencies are getting known and being adopted as time goes by such as bitcoin from being a dollar valued token way back 2010 to becoming almost 65k$ this year so the idea of long-term hodling especially if the token has a very high potential to survive and be popular in the market is a good idea.

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September 03, 2021, 12:17:45 AM
 #149

Maybe he is waiting for the highest price again so he is still holding on for now. We don't know how much capital he spent when buying the altcoin, or maybe he didn't get the profit he expected, so he is still patient not to sell the altcoin which he has for now
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September 03, 2021, 03:37:47 AM
 #150

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.

Don't blame anyone because everyone has their own investment strategy and goals. maybe your friend wants to hold it longer because your friend believes that the coin will continue to rise in the future so he continues to hold it until the target is achieved. so in my opinion this is not a mistake but a target and purpose in investing.
It can be either greed or the person is thinking that the project have higher potential to reach a better price and consider it undervalued by many people.
But a coin that already give so much ROI and it's 40x maybe is better to be sold since it has higher chance to get dumped again because other people are also maybe thinking it was already really high in price.

But it comes again with each trader preference, or if there is a long term holders maybe they can have higher price expectation for them when they going to really dump and taking profit from the bullish because even if a coin is in bullish and already reached 40x it can go higher than that but maybe it will need other factor like being recognized by big company.

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September 03, 2021, 05:16:31 AM
 #151

It depends on individuals, but as a trader selling at a high profit is what we always look forward to in other to cash on the profits but as a holder who is just an investor he/she may have a time frame to sell the assets. I still have a friend who is holding hex coins up to 50k worth, and he is not even looking at the market, so perspectives matter.

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September 03, 2021, 06:35:45 AM
 #152

You can't blame them, they don't know that it will happen. But it happened to me too, I really thought that the price will not crash and now the price is on the floor now. I shouldn't be greedy and I secured my profit, that's the biggest mistake and greatest lesson that I learned.

sumant
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September 03, 2021, 08:25:47 AM
 #153

These words are really one of the great features we can only find in some people. This feature may support to big traders who has a good portfolio in the crypto. Other thing is that nobody knows about the market what is going to happen with any coin because crypto is a world label market where fluctuations take place anytime. Apart from that this feature should be done by all trader because crypto trading can be1000x game so we can do it with one shot only. Never fear just like presearch coin now
Deborah Christine
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September 03, 2021, 08:34:02 AM
 #154

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.
there are many coin can hits more than 40x so could be the reason why many holder still hold their coins specially HEX and believe price could higher but all get wrong, yes greedy is something that trader or holder can't deny, because every one want to be rich because their coin hit highest price, but also trader should realize there are also speculate and whale that can influence the price and make our porto become nothing.
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September 03, 2021, 09:07:49 AM
 #155

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.
there are many coin can hits more than 40x so could be the reason why many holder still hold their coins specially HEX and believe price could higher but all get wrong, yes greedy is something that trader or holder can't deny, because every one want to be rich because their coin hit highest price, but also trader should realize there are also speculate and whale that can influence the price and make our porto become nothing.
We don't easily get contented, we are happy to make more money that's why we continue to hold, however, we also know at the same time that holding a coin does not mean an automatic profit, there are times that we lose, that's why it's necessary to hold a number of coins so you still have something to hold if other coins fail. In the end, what matters is you get the profit overall as that would prove you end up on the profit side.
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September 03, 2021, 09:18:29 AM
 #156

People who store cryptocurrency, I think you will be useful to read an article about the security of storage, I just recently came in handy, be vigilant Smiley https://blockster.com/blockdesk/1372_tips-to-secure-your-cryptocurrency-holdings
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September 03, 2021, 03:01:41 PM
 #157

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.
That's super risky holding HEX, it's a known scam created by a notorious scammer that some believe is associated with the CIA. Watch out! Why don't you invest in something safer like Celo or NEAR. Celo is backed by the Bill and Melinda Gates foundation and NEAR is backed by Coinbase and Grayscale.
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September 05, 2021, 09:00:44 PM
 #158

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.

Maybe we should considered that a long term investment as they hold in long time even the profit is almost 40x gaining. Some doing multi investment when one of there invested token pump and gain, they investment into other token they spread there unvestment in many kind of token with also have potential to pump. Genearlly speaking, we dont know what happen in our investment the market volitile and we cant predict.
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September 05, 2021, 09:48:39 PM
 #159

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.

When you know you can 1000x after a few yours, then it is a no brainer, that you will hold 😉.

I like cryptos and stocks. Not a financial advice. Subscribe to my YouTube channel! linktr.ee/dndfinance
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September 05, 2021, 10:12:07 PM
 #160

you should not decided on how long a trader should hold back a token he/she considered a gem before selling. mind you some traders are holders and they invest heavily to earn and hold. not to sell and buy another. it is a two way things. personally, i hold to sell in the long term. it could be a mistake for someone to hold that long knowing full well that in every trade. prices that moves so high up will definitely come down. in as much as he is been greedy he can hold and sell at any time.

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