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QuickAccount (OP)
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August 26, 2021, 06:49:51 PM
 #1

I havnt been paying attention to the price of my crypto due to school, and other stuff going on. A month ago I turned 2/3 of my cardano into bitcoin. I looked today to check my gains/losses. I would have doubled my investment if I kept my cardano. I am not gonna let it get to me, but it could have been pretty cool if I held it. hats off to the people that have the patience to hold coins going nowhere for a while.

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August 26, 2021, 07:48:06 PM
 #2

Don't get disappointed right now. Cardano is an alt and it's natural that with a higher probability you would've gained profit with it within a short period of time. However, hold your Bitcoins for a year and you'll see that you've made the right choice. You'll have to wait longer, but the end profit will be bigger.
Besides, a month ago purchase is a good one for BTC because the price has been only growing since then. You could've been in loss, while you're in profit, so there's nothing to be sad about.
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August 26, 2021, 07:48:55 PM
 #3

Bitcoin is one of the best cryptocurrencies out there, if you've converted your funds to that then you'll have fairly guaranteed success imo for longer than a lot of the major altcoins currently on offer.

The chances cardarno doubled after doing nothing would've been quite low too. If you have made a profit or even just a tiny loss before converting to btc, you've done quite well (especially if it was 2 months ago when bitcoin started dumping - as most alts had followed and plateaud compared with it).

The trick with long(ish) term trading is working out the best times to buy and sell but also the safest time. If you're selling very near the peak of a price move - you're risking too much and would be lucky it filled (volatility dependent).
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August 26, 2021, 07:59:23 PM
 #4

[snip]
---but it could have been pretty cool if I held it.
Well, this is the best step for you now, there are nothing losses at your end if you will keep these coins held in your portfolio and wait until such time the gain will be back. You have still had the Cardano coin in your wallet and I think it is pretty good to hold them for a long period of time. Bitcoin is also good at holding in a long period of time so nothing to worry about at all. However, if you will be sold this during the dump for sure it will forever lose you gain forever but if you will wait until such time will come seeing that your profit was there, that is great for you, --just be patient.









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August 26, 2021, 08:20:06 PM
 #5

I havnt been paying attention to the price of my crypto due to school, and other stuff going on. A month ago I turned 2/3 of my cardano into bitcoin. I looked today to check my gains/losses. I would have doubled my investment if I kept my cardano. I am not gonna let it get to me, but it could have been pretty cool if I held it. hats off to the people that have the patience to hold coins going nowhere for a while.

This seems kind of inevitable really. It is simple math, albeit with huge numbers involved, that smaller altcoins can grow many times while still having a tiny market capitalization in comparison to bitcoin. If you say that the market cap of bitcoin is 2 trillion (the price of all existing bitcoins) then you would need to add $200 billion to that amount in order for it to move up by ten percent. However if you started with an altcoin that was worth $1 billion when you bought in, it could multiply 200 times before it each reached that same value which moved bitcoin slightly. Also, don't bother with regrets - especially if you made a decent chunk of change which many people find hard to do at the best of times.

R


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August 26, 2021, 08:37:01 PM
 #6

I havnt been paying attention to the price of my crypto due to school, and other stuff going on. A month ago I turned 2/3 of my cardano into bitcoin. I looked today to check my gains/losses. I would have doubled my investment if I kept my cardano. I am not gonna let it get to me, but it could have been pretty cool if I held it. hats off to the people that have the patience to hold coins going nowhere for a while.
Mistakes like these were common on where we do sold off something just to accumulate something and turns out that the previous one did really make out some significant movement which you could potentially
earn more if you do able to held it and its quite frustrating but lets not really make ourselves too get stressed into that because the thing here is that you do able to accumulate bitcoin in exchange to that
which we can really say that it is still worth off rather than on converting your cardano for some shit coins and that what makes the situation even more worst since frustration would
really be coming next in line.

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August 26, 2021, 08:50:21 PM
 #7

There are so many earning opportunities in crypto.

Its ok if you miss out on some opportunities to expand your holdings. More will definitely be on the way.

It could be worthwhile to think about and research what led to making the undesirable trade. And not repeating the same result in the future. Being a successful trader is as much not making bad trades, as it is making good ones.
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August 26, 2021, 09:45:53 PM
 #8

I havnt been paying attention to the price of my crypto due to school, and other stuff going on. A month ago I turned 2/3 of my cardano into bitcoin. I looked today to check my gains/losses. I would have doubled my investment if I kept my cardano. I am not gonna let it get to me, but it could have been pretty cool if I held it. hats off to the people that have the patience to hold coins going nowhere for a while.
I can perfectly relate  though not with cardano but with another coin called safehaven, I bought safehaven, held and was earning some reward for holding, I found another cheap token on coinmarketcap which I thought would go up and help me recover the loss ive already incurred from safehaven, have no extra money, I had to sell my safehaven to buy the other coin, it wasn't up to two weeks, the coin kept going down too and we later discovered the project was being run by scammers who were busy minting new coins in the background and dumping them on the market causing the price to keep going down, by this time, safehaven has already gone really up in price, and to be sincere, I felt really bad, because if only I held onto my safehaven tokens, I would have made alot of profit, but I lost it all on a scam project due to greed and ignorance.

Some times, it's difficult not to think about this silly mistakes but then, we all have to learn from it and make better choices next time.

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August 26, 2021, 11:17:47 PM
 #9

that's why you must have learned to be a diamond hand, you have been holding a very good coin and i didn't know what you were thinking in the past that was making you to convert your ADA to the bitcoin. If you're not a big holders of bitcoin and it will not so profitable enough like when you're holding your altcoin

This is why i prefer to hodl altcoins over bitcoin caused by the potential is still low and the marketcap can grow even bigger like bitcoin.
Altcoin is still having a lot of chance to make another good return. That's why become a diamond hand just like a way to be a winner as long as you're holding a legit coin.
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August 26, 2021, 11:43:11 PM
 #10

that's why you must have learned to be a diamond hand, you have been holding a very good coin and i didn't know what you were thinking in the past that was making you to convert your ADA to the bitcoin. If you're not a big holders of bitcoin and it will not so profitable enough like when you're holding your altcoin

This is why i prefer to hodl altcoins over bitcoin caused by the potential is still low and the marketcap can grow even bigger like bitcoin.
Altcoin is still having a lot of chance to make another good return. That's why become a diamond hand just like a way to be a winner as long as you're holding a legit coin.
The price of altcoins is still very low so we can get more coins for only $2000, when altcoin capitalization reaches the moment of increase it will be easy to increase at least more than 20%, so it is very worth altcoins as a great opportunity for medium category investment capital.
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August 27, 2021, 12:10:44 AM
 #11

I havnt been paying attention to the price of my crypto due to school, and other stuff going on. A month ago I turned 2/3 of my cardano into bitcoin. I looked today to check my gains/losses. I would have doubled my investment if I kept my cardano. I am not gonna let it get to me, but it could have been pretty cool if I held it. hats off to the people that have the patience to hold coins going nowhere for a while.
You don't have to admire them, and you just need to be confident in your decisions, and you will also get the results you deserve. Maybe you should take this as a lesson to the field, sometimes we just complicate matters when in reality doing nothing becomes a problem for newbies.

SUGAR
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August 27, 2021, 02:59:19 AM
 #12

Investing in crypto needs patient because we do not know when the price can increase. Sometimes, the price can increase in the next days, weeks, or even a year and along that time, we will see the price will always fluctuate and that can make us become impatient. If we become impatient, we can sell it right away without thinking that the price will be back to the higher price, especially if that coin has a chance to increase. At least, you know that patience will be needed in crypto investment so you need to learn more about that and not become a weak hand holding your coin.

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August 27, 2021, 03:15:48 AM
 #13

I havnt been paying attention to the price of my crypto due to school, and other stuff going on. A month ago I turned 2/3 of my cardano into bitcoin. I looked today to check my gains/losses. I would have doubled my investment if I kept my cardano. I am not gonna let it get to me, but it could have been pretty cool if I held it. hats off to the people that have the patience to hold coins going nowhere for a while.
Do not worry about it much. It is not necessary. Besides, bitcoin is the most populous coin so that you will not lose much your money with this investment. According to different sources, many have predicted that bitcoin can surpass $100000 in the next few months. 1/3 for ada and 2/3 for bitcoin is a good allocation. Good luck my friend

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August 27, 2021, 03:31:41 AM
 #14


If you have sold your ADA for BTC yesterday and BTC just dropped low, that's another loss for you. I have some of ADA myself just to make sure that if it becomes the next big platform like BSC, I would be left without it. Since you have sold it, it only means you are also not staking. It's no wonder you are tempted to sell.

Anyway, You now have Bitcoin which is predicted to be more than $100K soon so stay with it even if it's dipping today.

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August 27, 2021, 03:33:56 AM
 #15

I havnt been paying attention to the price of my crypto due to school, and other stuff going on. A month ago I turned 2/3 of my cardano into bitcoin. I looked today to check my gains/losses. I would have doubled my investment if I kept my cardano. I am not gonna let it get to me, but it could have been pretty cool if I held it. hats off to the people that have the patience to hold coins going nowhere for a while.
You must not become sad because you still perfectly invested in Bitcoin in which the most positive coins in all cryptocurrency.

yes you have failed today in cardano but you will surely make profit in the following years.

just keep the holding and forget your mistakes.
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August 27, 2021, 05:37:36 AM
 #16

I havnt been paying attention to the price of my crypto due to school, and other stuff going on. A month ago I turned 2/3 of my cardano into bitcoin. I looked today to check my gains/losses. I would have doubled my investment if I kept my cardano. I am not gonna let it get to me, but it could have been pretty cool if I held it. hats off to the people that have the patience to hold coins going nowhere for a while.
I feel you mate because we have the same troubled mind when the Solana coins pumped now as i have also sold mine late last year and now i felt hard when price climbs high .

there had been chance for me to hold but i doubt my coin like what you did now in ADA.

Thanks, every little bit that I make helps because I am not old enough to get a job, so what little money I have I put into crypto.
Just keep it mate , sooner you'll see that profit comes your way as we choose to support the best coin than altcoins.

Bitcoin forever mate !!!

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August 27, 2021, 06:05:09 AM
 #17

I havnt been paying attention to the price of my crypto due to school, and other stuff going on. A month ago I turned 2/3 of my cardano into bitcoin. I looked today to check my gains/losses. I would have doubled my investment if I kept my cardano. I am not gonna let it get to me, but it could have been pretty cool if I held it. hats off to the people that have the patience to hold coins going nowhere for a while.
well at least you converted into bitcoin not to another alts because you still made some profits after all.. Indeed bitcoin really increase as well along with ethereum and other alts in the market, so its not bad mate and dont be disappointed because there will be a next time for it. Just keep it up and lesson learned, next time must stick to one and  focus where you can really get a good return..
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August 27, 2021, 06:11:09 AM
 #18

I havnt been paying attention to the price of my crypto due to school, and other stuff going on. A month ago I turned 2/3 of my cardano into bitcoin. I looked today to check my gains/losses. I would have doubled my investment if I kept my cardano. I am not gonna let it get to me, but it could have been pretty cool if I held it. hats off to the people that have the patience to hold coins going nowhere for a while.

Normal things in cryptocurrency, the longer you trade on crypto market the more wise you face regret of selling or buying the wrong coins.
At least you could manage your emotion, it's just okay. There are more chance in the future you will face a choice in between and you will pick the right choice. Just keep learning and make more experience and more patience while in trades.
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August 27, 2021, 10:56:55 AM
 #19

That's okay. You're still holding bitcoin and you just did the right decision but it's needing for you to hold a little bit longer until you see that doubled profit you should have will be surpassed by the decision you did. Do not be disappointed with what you did, you can eventually get back those Cardano's if you want to and shift back to it but just keep those bitcoins.



 

 

 

 

 

 


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August 27, 2021, 11:05:22 AM
 #20

Holding coin is the best solution at the moment and I applaud you for being able to take your time from your activities to cryptocurrency activities. If we have a coin that has value or has already made a profit from the purchase price, then it is very good to sell it and convert it into Bitcoin when the Bitcoin price is down.
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