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$anounimus$
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August 30, 2021, 07:20:10 PM
 #61

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.
Hold can not always be the key to success, because there is also a time to release all assets that we already hold, because when ATH occurs on all coins that we have or that we have held in the past, then that's when the words Hold are no longer applies, except for those who don't know about ATH in a coin.

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August 30, 2021, 08:02:33 PM
 #62

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.
That's due to greediness, even if a certain company shows proof that they are legit, but the fact that they offer an investment return that is too good to be true, then most likely that certain model will not last and failed in the long run. People wants instant return which turns out their investment into gambling.

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August 30, 2021, 08:10:53 PM
 #63

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
Actually every suggestion also needs to be considered even though in the end only we ourselves can decide in choosing a coin after the completion of research and analysis, because the suggestions of some famous people in the cryptocurrency world are also trustworthy and worthy to be followed as long as he suggests good coins



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doomloop
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August 30, 2021, 08:50:38 PM
 #64

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.
Crypto life is full of opportunities, unfortunately I do not have too much time in my life to check them all, but give me a bit of time and a bit of money and I can build a whole system that could work for you to figure out the best chances at that moment at all moments and taking advantage of every single possible way to make money. It could be something as simple as signature campaign to having a full blown crypto full-time job to making money from other projects by being part of them to many other stuff.

Long story short crypto is filled with many chances to make money, it could be from trading, investing, working or even gambling as well. I am quite happy with the world we are living in, if there was no crypto then I would be living a horrible life. I was insanely lucky to meet my boss and right now I am living the best life I can imagine, if you asked me 10 years ago, my "dream" life wouldn't even be this, this is beyond better than what my dream would be, it is amazing. So just wait, and you will face some chances once again and make a profit next time.

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August 30, 2021, 08:56:37 PM
 #65

Crypto life is full of opportunities, unfortunately I do not have too much time in my life to check them all, but give me a bit of time and a bit of money and I can build a whole system that could work for you to figure out the best chances at that moment at all moments and taking advantage of every single possible way to make money. It could be something as simple as signature campaign to having a full blown crypto full-time job to making money from other projects by being part of them to many other stuff.

Long story short crypto is filled with many chances to make money, it could be from trading, investing, working or even gambling as well. I am quite happy with the world we are living in, if there was no crypto then I would be living a horrible life. I was insanely lucky to meet my boss and right now I am living the best life I can imagine, if you asked me 10 years ago, my "dream" life wouldn't even be this, this is beyond better than what my dream would be, it is amazing. So just wait, and you will face some chances once again and make a profit next time.
I lived the exact same thing few months ago. I had a lot of BNB and I sold that to get into something called SBDO which was an algo stable currency and I took my money from 2.3k to nearly 10k, then suddenly it crashed and I got out at 2.5k but at the same time all of that money was in BNB and I got out with much less bnb, it was around 40 bucks when I first started and it was more than 400 bucks when it ended, meaning my 2.3k would have been 20k+ if I stayed on BNB but I didn't and I lost on that chance.

It is really sad to see those type of things but I am glad about it because all of these missing profits are growing pains right now that gives us more insight into how we should trade/invest and we become better afterwards. For example when I want to get into something new nowadays, I do not trade my cryptos to other cryptos, I put new money into it, if I do not have new money then I do not get into the new thing.
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August 30, 2021, 08:59:06 PM
 #66

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.
That's clearly true, because owning Bitcoin also won't hurt even though price movements are now starting to slow down, but Bitcoin will always be good to have at all times, because Bitcoin is very different from other Altcoins even though Altcoins like Cardano are also very good now.

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August 31, 2021, 03:55:31 AM
 #67

I think that buying Bitcoin is also a wise decision. You didn't get profit from Cardano now, but I am sure that if you are patient enough, you will hold Bitcoin for a while and you will also get a good profit. Moreover you are so young and already involved in crypto, so you have enough time to make money on this market, so just take your time and don't give up.

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August 31, 2021, 05:22:03 AM
 #68

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.
That's clearly true, because owning Bitcoin also won't hurt even though price movements are now starting to slow down, but Bitcoin will always be good to have at all times, because Bitcoin is very different from other Altcoins even though Altcoins like Cardano are also very good now.
bitcoin continues to be the best even its impact on crypto assets is still strong.
like now you can see how the market is in correction and it affects almost all altcoins. Bitcoin's dominance is still too strong. choosing it is not a bad thing.
but then again, a definite consideration is the market moment that will surely be our regret to see the assets we left in the pump.
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August 31, 2021, 07:44:55 AM
 #69

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.
maybe the author still doesn't understand about cryptocurrency. he's just sad because he missed the cardano hype moment. maybe if the author can manage bitcoin assets well, it can even generate 3-5x which is much larger than cardano. what I'm highlighting here is the task of the thread writer to be good at bitcoin management so that the profit can be greater so that they can buy cardano

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August 31, 2021, 08:02:25 AM
 #70

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.
Actually, it's not a misunderstanding, it's just that some people prefer to convert their assets into fiat or their own country's currency, because in the cryptocurrency space only two models can be applied if everyone wants to change their assets, to Bitcoin or to stablecoins.
Lol stable coin does not even imply on this part because OP has fund from cardano and was converted into bitcoin meaning he cares nothing about having stable funds but to earn and that is what he did.
and also there are many applicable ideas not only converting to stable coins or bitcoin , because people can also choose to other altcoins as they see it will pump high in the following days or either to keep holding for longer time.

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August 31, 2021, 08:58:19 AM
 #71

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.

Look, I'm a holder here so I can't speak enough about how good it is as a strategy, including with DCA regularly, you can keep a day job, do your life as normal and enjoy the best of both worlds (be a regular guy not spending all your time in crypto but still reaping the benefits of crypto).

But this applies only to BTC and maybe ETH, and a select few coins. Everything else is a big, big gamble.
I think that is work for the holder as they do not follow the market movement every day and only check the price occasionally. They do not have to intend to trade because they do not have much time to analyze the coin's movement. When you decide to be a holder, you should have the other income sources to live with that and only wait for your investment to grow in the future. By using that way, I think you do not have to bother to confuse the market fluctuation.



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August 31, 2021, 09:35:44 AM
 #72

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.


What to regret??
bitcoin also increases in price from time to time, if you are not satisfied with the benefits be grateful for the choice.
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August 31, 2021, 11:04:53 AM
 #73

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.


What to regret??
bitcoin also increases in price from time to time, if you are not satisfied with the benefits be grateful for the choice.

If you look at it the positive way, Bitcoin still has the chance to increase its value, even you missed ADA's pump better to keep your asset
as it is, in the long run you'll benefit from this market, most of the time failure or mistake happened because of miscalculation and wrong choice of investment,

but if you believe that your current holdings will give you decent benefits why bother to sell it out.
Continue investigating and not to regret your decision, for most, Bitcoin still the best asset for long-term goal.

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slaman29
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August 31, 2021, 11:27:46 AM
 #74

I think that buying Bitcoin is also a wise decision. You didn't get profit from Cardano now, but I am sure that if you are patient enough, you will hold Bitcoin for a while and you will also get a good profit. Moreover you are so young and already involved in crypto, so you have enough time to make money on this market, so just take your time and don't give up.

I agree, but this is bitcointalk and we're all bitcoin believers, even those who pretend they're not (you know who I'm talking about bcash people).

But it's the last piece of advice I would ever want to give to people who've lost their money already. When you go in, you're chasing losses and that kind of psychological exertion on buyers is never preparing them to be long term investors.

I would take a step back and relax, and live life normally. Put some leftover spare cash into DCA for BTC and that's it.

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Cherylstar86
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August 31, 2021, 01:27:39 PM
 #75

I think that buying Bitcoin is also a wise decision. You didn't get profit from Cardano now, but I am sure that if you are patient enough, you will hold Bitcoin for a while and you will also get a good profit. Moreover you are so young and already involved in crypto, so you have enough time to make money on this market, so just take your time and don't give up.
Indeed. If your holding Bitcoin or other coins that possibly give high profit then no need for you to be sad since you will surely earn your profit with that coin. Choosing other coins is a wise decision especially when you choose Bitcoin. Maybe Cardano will not give you profit but I'm pretty sure holding bitcoin for a while will give you a good profit in the future. Indeed. As long as they are young and can make income in other way, then there's no need for them to be sad because they have a lot of time to earn money, if they just give all their effort and be patient always then they can earn and learn especially to all of those mistakes they've done.
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August 31, 2021, 11:23:01 PM
 #76

All traders have a miserable experience in their trading, because it is not always possible to make the profits that we expect. Sometimes for years someone can get a strategy or manage their emotions. So indeed in trading and investing it takes patience to profit. There's no need to be sad, I've lost a lot, but it's a lesson not to take it anymore.

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August 31, 2021, 11:51:11 PM
 #77

I think that buying Bitcoin is also a wise decision. You didn't get profit from Cardano now, but I am sure that if you are patient enough, you will hold Bitcoin for a while and you will also get a good profit. Moreover you are so young and already involved in crypto, so you have enough time to make money on this market, so just take your time and don't give up.
Indeed. If your holding Bitcoin or other coins that possibly give high profit then no need for you to be sad since you will surely earn your profit with that coin. Choosing other coins is a wise decision especially when you choose Bitcoin. Maybe Cardano will not give you profit but I'm pretty sure holding bitcoin for a while will give you a good profit in the future. Indeed. As long as they are young and can make income in other way, then there's no need for them to be sad because they have a lot of time to earn money, if they just give all their effort and be patient always then they can earn and learn especially to all of those mistakes they've done.
  Converting your altcoins to bitcoin is definitely a good choice and you should not feel worried about it because in the long run, bitcoin will give you more profits than cardano. Mind you, its a wise decision dude.

But i suggest, if you plan to hold your coins, then have faith to your coins. You should not just easily dump your coins in exchange for others. But in your case, its another story though.

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August 31, 2021, 11:52:46 PM
 #78

Yes I understand how OP is feeling, but if it's your decision instead of regretting it, think simply why you did what you did. If you continue to maintain this mindset in this market, sooner or later you will lose money and get nothing, believing in yourself is essential even if you yourself are in trouble in mistake. Seeing what you've shared I see a lot of people just like you, impatience and lack of knowledge follow in everything you do, and the result is what we're seeing here.

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September 01, 2021, 02:21:59 AM
 #79

All traders have a miserable experience in their trading, because it is not always possible to make the profits that we expect. Sometimes for years someone can get a strategy or manage their emotions. So indeed in trading and investing it takes patience to profit. There's no need to be sad, I've lost a lot, but it's a lesson not to take it anymore.
I'm sure professional traders are also experiencing hardship when they are starting to trade, sometime managing emotion is also very hard and can cause mistake in trading like selling when later the coin is going up that will make us really regret and in trading we dont really have clear perception what the price will become in the future.
But if we stress about these trading losses it can cause us become very stressed.Its better to focus on the future on becoming a better trader rather than just stressing the past trading losses.

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September 01, 2021, 02:47:48 AM
 #80

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.


What to regret??
bitcoin also increases in price from time to time, if you are not satisfied with the benefits be grateful for the choice.
the chance of making money now as Cardano making its way to the top, so he feels regretful because if he did not convert into bitcoin then his capital may be x3-4 now .

but also you are perfectly right as bitcoin will also increase but not this moment and may take time before getting that same profit.
bitcoin is on the hype price now so it is hard to expect this will make another x2-3 in value any time soon.









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