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Author Topic: Surviving For Tomorrow  (Read 189 times)
DarkDays
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November 03, 2021, 02:43:25 PM
 #21


I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.


Nice way to go but be mindful of shit coins. Don't invest in a coin just because it is cheap. There are other things to check like volume, usage and maybe exchange. Diversification is good for the person who is thinking of the future , more altcoins will go moon soon when bitcoin rally totally drops so be ready you may see other altcoins that can rise faster.
On point with this. While it is great that OP secured profits and already starts to see the value of diversification it is just as important to ensure that diversification doesn't fall on mainly low cap alts, or cheap ones as the risks can be detrimental.

A good mix is usually a good approach, such that if one sector like gaming for instance is affected you can rely on the other unrelated sectors to uplift your portfolio  Cheesy
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November 03, 2021, 03:16:17 PM
 #22

Good luck with that strategy and if that works for you then you should do your best to keep it up. I don't like that strategy of diversifying that much. I'm not against diversification because I also diversify but doing that much, I think that will make me lose more. Spotting a good coin is harder this time with the proliferation of meme coins. But if you're good at spotting them on then that's the skill that will be paying you very well if you're good at it.

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November 03, 2021, 04:18:01 PM
 #23


Don't believe in all coins where many shit coins everywhere. Yes you may gainer from one coin but this is not mean all coins will behave same like this.Before your investment you must have to more clear for this coins roadmap and mission so that no upset will run you.

Like the saying is life is about risk even with meme coin you can hit it big and exit. All we have to do is be careful but too much of smartness don't allow for risk taking. However we need investment in top coins and not coins that are yet to go into exchange. Some investors still believe in putting money in ICO but that failed so many. That is to invest in what you don't see the prospect is the problem of diversification.
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November 03, 2021, 07:17:13 PM
 #24

I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.
[snip]
Diversifying of a portfolio into many quality coins is good but it is only better when you have knowledge of portfolio management cause altcoin markets are said to be highly manipulated.
I don't know what you see Shib and other meme coins but they are products of the pump and dump so you should have invested in good altcoin like ETH, Link, etc.
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November 03, 2021, 08:10:11 PM
 #25

I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.
[snip]
Diversifying of a portfolio into many quality coins is good but it is only better when you have knowledge of portfolio management cause altcoin markets are said to be highly manipulated.
I don't know what you see Shib and other meme coins but they are products of the pump and dump so you should have invested in good altcoin like ETH, Link, etc.

It takes good research and analysis skills to choose lots of quality coins to diversify our portfolio. Because as you said, most altcoins are
often manipulated, so choosing the wrong coins can be very risky to suffer losses. It's not even enough to choose good coins, but we also
need to analyze when is the best time to enter and exit the market. Then regarding meme coins, which often happen to pump and dump,
I really don't like trading on meme coins, the risk is too high. But if someone has good analytical skills, so being able to take advantage of
the pump and dump that occurs in meme coins to be able to generate profits through short-term trading can indeed be done. But I prefer to
trade in a safer way, namely by choosing popular altcoins that have strong fundamentals for trading. If we make the mistake of buying the coins
at a price that is too high, after that the price immediately falls, we don't need to worry. Because coins with strong fundamentals will recover
quickly and can go higher.

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November 03, 2021, 09:01:00 PM
 #26

Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.

I don't care how many percentage will be added by year end, I just want to live for tomorrow first as many opportunities are under way.
Until bitcoin remains bullish, you may find yourself successful and massively profit making but not sure that you will be able to maintain with same kind of performance once after bitcoin enter into bearish markets. Because, the entire crypto markets will get collapsed once bitcoins enter into bearish mode. So, either you need to stay safer with your trading by intensifying your technical parts or you may simply stay away from trading.

If you are expecting to make similar profits even bitcoin is not performing well then you will get disappointed. I am just saying all these from the knowledge that I have gather from last 4 to 5 years. So, expect the unexpected and plan up accordingly.

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November 03, 2021, 09:53:09 PM
 #27

I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.

Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.

I don't care how many percentage will be added by year end, I just want to live for tomorrow first as many opportunities are under way.

Using the same strategy and trying not to be too greedy. Sometimes it's better not to wait for x10 to come, sitting in one risky coin, but try chain-growing tactics when you get x2 and move to another unpumped coin.

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November 03, 2021, 11:03:48 PM
 #28

I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.

Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate. I don't care how many percentage will be added by year end, I just want to live for tomorrow first as many opportunities are under way.

Disregarding the status of SHIBA INU based on my view, it's good that you are doing such things to somehow secure profits even there's an anticipation that there might be another round of price increase that will happen in the future as a speculation. While doing that, you are gaining experience and that will help you to decide properly in the future.

Just continue with your strategy and see the result for yourself. Eventually, you can now automatically create a strategy based on a given situation.

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November 03, 2021, 11:18:52 PM
 #29

This is part of the fund management
We sometimes become very greedy when realizing that our holding coins are increasing and very hype enough. And we are really sure that they will pump again during the hype. But in the crypto industry, it is not like that always.
We may find some crashes and also pump and dump are still around us, moreover or the hype or new coins.
Well, securing some funds is a good way in order to avoid being lost forever later, moreover about this meme coin.
And also making diversification on the portfolio is also a good way.
I know that many people also may be doing this, money and risk managements are very important for us.
We may think about getting higher and higher profits again, but without any wise management of risks and funds, we maylose our assets or lose our chance to get profits.
 

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November 03, 2021, 11:29:39 PM
 #30

I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.

Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.

I don't care how many percentage will be added by year end, I just want to live for tomorrow first as many opportunities are under way.

Using the same strategy and trying not to be too greedy. Sometimes it's better not to wait for x10 to come, sitting in one risky coin, but try chain-growing tactics when you get x2 and move to another unpumped coin.

If we are in the bull run and the market is positive all the time, why jump on different coins if you can wait for ATH and earn without unnecessary risk.
I'm not talking about investing in one coin, but investing in several with a lot of potential and just waiting.
In my opinion, 10x is a very good result for a good project and every project with potential should achieve that sooner or later.

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lienfaye
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November 04, 2021, 03:20:27 AM
 #31

Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.
Thats a wise decision. Its always good to not stick in a certain coin, diversifying can lessen the risk of losing your money.

Thus as long as you'll choose a coin that has potential and not shitcoins then the chances to gain from it is high.

But its not often as easy and smooth as it seems because it requires knowledge, plan, strategy and patience in order to succeed.

kojektea
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November 04, 2021, 06:08:55 AM
 #32

The key to the benefits is not focusing on just one coin. There are so many new coin or old coin opportunities that in the future will become a trend. Don't waste it. There's still plenty of time to make a profit. His main point is to be patient to make a profit and not have to be greedy for it. Immediately key to profits once they reach the target.
bitcon
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November 04, 2021, 07:51:18 PM
 #33

I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.

Even when most altcoins are crashing, a few of the quality ones can give huge gains. I'm compounding my gains by rolling profits into unpumped coins at a cheaper rate.

I don't care how many percentage will be added by year end, I just want to live for tomorrow first as many opportunities are under way.

You follow a very sensible strategy of diversifying your money between different coins. This way you decrease your risk as like you said when a few coins are falling, some others can keep your portfolio afloat. It is better to hold a part of your money in risky altcoins, and a bigger part in some mainstream currencies of promising projects.

Also it is very important not to be greedy and lock-in profit.
nekorakoeora
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November 07, 2021, 11:10:45 AM
 #34

Have a quality portfolio. Stay while you still have the opportunity and the ability for a better future. At least you will get great results if you want to hold for a long time. Prioritize research in your investments and look at charts in the past few years. That would be a good capital for the best coin in your portfolio.

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