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btc78
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August 28, 2021, 05:45:42 AM
 #41

Hats off to you too. There are people that don't like to convert their altcoins and bitcoins if somebody won't tell that them. But you just did the right thing IMHO. Even if you're too regretful with the possible 2x of your profit, you'll see this effect and potential profit in the future.
Your actions today will be great and seen someday, you only need to be patient and just like us, you need to be patient and wait until that day comes.
That is right , actually he did the perfect decision though the profit cannot feel right away as cardano is making its way up and bitcoin is still struggling to cover the past ATH.
but this will prosper on long run and surely he will pay happiness in time when Bitcoin finally reach the top again and will smile why he need to create this sad post.
sometimes we are just carried away because of our frustration from what we think is a mistake decision but eventually over the time when the course changes and favors us? we will just smile and say "Thanks God I made that MISTAKE"

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August 28, 2021, 07:16:21 AM
 #42

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.

Month ago price of btc was around 35k. While now its around 48k. I don't know why OP is sad as he must be in profit now or I am missing the key point of post.
It happens, price of token start climbing as soon as you start selling it. It's about how strong your nerves are.

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August 28, 2021, 09:19:01 AM
Merited by The Sceptical Chymist (3)
 #43

Anyone who invests goes through similar things. If you're selling something, its price goes up; if you're holding something, its price goes down. This can happen to you anytime Smiley

If you never touch the coins in your wallet, you can become a millionaire in a few years, but if you trade, the opposite can happen and you only have a few dollars left. This is never guaranteed, no matter how much research you do, sometimes being lucky is more important than anything else.

Experience is very important in the cryptocurrency world, it allows you to manage your emotions Smiley

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August 28, 2021, 11:28:03 AM
 #44

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.
In terms of strategy when converting it into any form of cryptocurrency, I think it becomes very crucial although converting assets into Bitcoin when Bitcoin starts to fall is also a very good solution, but keep in mind also that when Bitcoin starts to fall, other cryptocurrencies too would follow.
There will definitely be an effect on Altcoins if Bitcoin goes down, as well as when Bitcoin goes up. But what we need to say is that choosing to convert a percentage of altcoins into Bitcoin is the right choice because Bitcoin is a very useful investment asset in my opinion. There are also people who misunderstood what I meant.
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August 28, 2021, 12:14:59 PM
 #45

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 understand how it feels due to your commitment in school and other stuff, coz’ I felt the same as well. Reminds me back then when I don’t have time management in checking my portfolio, as I am busy with my travels a few years ago before the pandemic began.

As most of the altcoins are being influenced by Bitcoin’s dominance, investing on either ADA or BTC is still good for long-term as they both belong at the top in market capitalization. It’s okay dude, you just need to have a little bit of time management to check them even for just a few minutes a day.
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August 28, 2021, 12:19:55 PM
 #46

I made a loss on my investment. You have to wait for coins. In the moment of damage, you are already waiting by necessity. they gave a special nickname to those who come out of the metal paste investment in case of loss fluctuations. (sucker vinegar) Smiley The important thing is not to be too ambitious when it rises, to settle for profit. If you can do that, you really win. If you are greedy, then the result unfortunately ends in sadness. Wink
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August 28, 2021, 08:48:47 PM
 #47

That's why focus is really important when you are investing, however, you should still be thankful if you made a profit selling 2/3 of your investment. Just remember that although Cardano's price is very high now, there's still an opportunity to buy it when the price will dip which I'm sure will certainly happen in the future.

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August 28, 2021, 08:54:18 PM
 #48

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.

Just take it easy, as long as you haven't sold it then you still have the opportunity to make a profit too, especially what you invest is Bitcoin, then you don't need to be afraid, because the price of Bitcoin will definitely continue to increase and give you a lot of profit in the future, therefore you do not need to be disappointed, because you will get a bigger profit by investing in Bitcoin.
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August 28, 2021, 10:12:21 PM
 #49

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 need to be sad, because no one knows what will happen to cryptocurrencies in the future (such as the price of ADA rising very high), so as long as you sell and swap ADA to Bitcoin without losing (already getting profit), then it's very good for you and you don't need to be sad about that, because I think Bitcoin is a good choice for investment.

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August 29, 2021, 08:31:50 AM
 #50

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 be sad friends, what you are doing now is not a problem. you convert cardano and into bitcoin it means you missed the cardano hype. but even converted to bitcoin you can get a bigger profit. don't be sad and worry friends because for me there is no loss for you
That is exactly the point , he was just sad because of losing the opportunity now but he does not giving attention to what he will gain sooner or in the future.
there are chances we missed by buying other coins but we don't see the long term effect of our decision.
in bitcoin you are always safe in your investment not like in altcoin that chances are few, sometimes we are giving a one chance for long years .
so best to let it go and just think of what will future might bring because of this decisions.

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August 29, 2021, 02:41:58 PM
 #51

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 need to be sad, because no one knows what will happen to cryptocurrencies in the future (such as the price of ADA rising very high), so as long as you sell and swap ADA to Bitcoin without losing (already getting profit), then it's very good for you and you don't need to be sad about that, because I think Bitcoin is a good choice for investment.
Agreed, he is still making a bit of profit as he still holds a bit of ADA after swapping to bitcoin, I think this would be more congratulatory than a sad thing but he still doesn't understand, by the way, i can say that he is representing many faces of other merchants, only sad about the missed opportunity but if the value doesn't increase like that and fall extremely sharply, it can be said to be sadder. From his admiration, he is just someone who doesn't understand the project, others are patient just because they understand the project better and know its destination, instead of thinking it won't go very far in the future

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August 29, 2021, 02:51:47 PM
 #52

do not be sad friends, what you are doing now is not a problem. you convert cardano and into bitcoin it means you missed the cardano hype. but even converted to bitcoin you can get a bigger profit. don't be sad and worry friends because for me there is no loss for you
During his conversion to a better coin, I don't think it's a problem for him, because it's true as you said that it's nothing to be sad about because Bitcoin is generally still better than Cardano even though he missed the cardano hype at the moment.
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August 30, 2021, 05:15:11 AM
 #53

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.


We cannot predict the price of every coin. Hold is the key to success and more patience in trading. Let us hold and keep trading someday we will also gain more.

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August 30, 2021, 07:19:20 AM
 #54

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.
We cannot predict the price of every coin. Hold is the key to success and more patience in trading. Let us hold and keep trading someday we will also gain more.
Holding can be a good way to make a profit in the future but that will need more observation about what coin we should hold. It is clear that holding bitcoin, ethereum and bnb can be a good way of holding the coin, but do not forget that altcoin will always be behind bitcoin, so you need to buy at a low price to prevent the dump that can happen to the market. But if you can not buy at a low price, you can just buy at a low price and hold it but always manage your emotion, especially if you always check the market price.

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August 30, 2021, 08:53:20 AM
 #55

We cannot predict the price of every coin. Hold is the key to success and more patience in trading. Let us hold and keep trading someday we will also gain more.
Holding is a good way to make money in the crypto industry. But for this, you need to hold some legit coin. If you just hold some shitcoin and wait to make the profit you will be disappointed. For the HODL we need to make an investment in some legit coin. Of course, Bitcoin and Ethereum are best. There is also some altcoin available, but before making an investment in those altcoins we need to do a lot of research.
That's why it's important to do research and analysis before investing or trading,
because if we just choose coins and follow someone's advice, of course it's not a good thing,
it's not easy and requires more effort when we do analysis and research but I think it will be much better

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August 30, 2021, 11:34:09 AM
 #56

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.
Don't be sad mate, you still have a chance , Look its dumping now  https://coinmarketcap.com/currencies/cardano/

if you really think this coin is good like how you reacting now , then best to buy some few coins now or be sorry again when the pump comes?

but i assure you that before cardano hits the top, it is bitcoin what will make you rich more so best to stay on your plans and just ignore the bitterness now.

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August 30, 2021, 12:37:10 PM
 #57

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.
You said holding altcoin more profit than Bitcoin. I agree with it but don't forget about Bitcoin used to be going as low as $4k and high as $60k after 3 years. Bitcoin may not profitable as much as holding altcoin like ADA but in long term, Bitcoin still has some edge over it. It's harder for altcoins to have that kind of stability over time like Bitcoin. I think the best course of action is to hold both Bitcoin and altcoins.
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August 30, 2021, 02:30:31 PM
 #58

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.

The same could have happened if you hadn't just held Cardano and the Bitcoin price would have gone up. Unfortunately, on the cryptocurrency market, earning is often associated with a large dose of coincidence. If you are investing in the long term, you shouldn't worry about this difference. Sooner or later you will also earn on Bitcoin.

No need to regret it if it turns out that the Cardano that we have has been converted into Bitcoin. Even if we keep holding Cardano the profit generated
will be much greater, if we look at the price of Cardano which continues to rise. But we also have to imagine what if Cardano went the other way,
maybe we would regret not converting Cardano into Bitcoin immediately. Indeed, the movement of cryptocurrencies is difficult to predict, so don't regret
all the decisions we take, as long as we are still making profits. Still we must be grateful, because it is not good if we are too greedy in pursuing
profits from crypto investments.


That's exactly what I meant. Cardano's price could also have been corrected and the situation would have been very different. This is exactly what happened at this point, but in the long term, everything should even out and the theoretical loss will not be visible. Well, unless the Cardano price continues to rise. However, no one can predict this.
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August 30, 2021, 02:44:37 PM
 #59

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.
it's not a shame guys, you convert cardano to bitcoin it doesn't matter because both have good prices. You can be sad if you mistakenly convert cardano to coins that have no value. but converting cardano to bitcoin is not a mistake, because in the future you can profit from bitcoin.
what he regrets is that the price of Cardano has increased compared to bitcoin which was stable in the state he was in when he checked the assets he owned.
it is not a problem because both are good assets.
but at least the OP still has a bit of Cardano to enjoy the benefits.
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August 30, 2021, 07:16:02 PM
 #60

We cannot predict the price of every coin. Hold is the key to success and more patience in trading. Let us hold and keep trading someday we will also gain more.
Holding is a good way to make money in the crypto industry. But for this, you need to hold some legit coin. If you just hold some shitcoin and wait to make the profit you will be disappointed. For the HODL we need to make an investment in some legit coin. Of course, Bitcoin and Ethereum are best. There is also some altcoin available, but before making an investment in those altcoins we need to do a lot of research.
That's why it's important to do research and analysis before investing or trading,
because if we just choose coins and follow someone's advice, of course it's not a good thing,
it's not easy and requires more effort when we do analysis and research but I think it will be much better
I agree with your point. Making our own research gives us more information and wisdom in order to make an good investment. However, people tend to rely on other making them recklessly invest their money in an unknown tokens or a scam project. In my country, many people have lost their money to scam tokens advertised all over the Internet.

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