A lesson to learn here I belief

[GEMIN_M4]

I find it more easier to hold coins and tokens if their worth isn't much, this means that we find it hard to hold simply because we invested too much money that we aren't ready to lose, here are two examples to back my point.

1. I always like the idea of " not selling everything ", assuming I have 1000 tokens I always sell 90% even when they are at ATH, leaving very few coins and tokens behind do have it's time, there will come a time where they add more value, remember not every ATH is the last ATH.


2. little coins that earned through airdops in 2017 they are not even close to 1$ and in January 2022 two of them did wonders, name is Avinoc and whackd token, I made 80$ from avinoc and 500$ from whackd, my main point here is if those coins have huge value at the time I would have sold them right? I took my eye off them because they have too low value...

[cryptoaddictchie]

First of all, this kind of topic should be on altcoin section. Kindly move this on appropriate thread.

I find it more easier to hold coins and tokens if their worth isn't much, this means that we find it hard to hold simply because we invested too much money that we aren't ready to lose, here are two examples to back my point.

The better one I think is its easier to hold free tokens from airdrop or bounty than invested one. Yes this is true, we have our tendency to hold these tokens since we acquired them for free. There is no such risk involved thats why werent worried whatever happens to it.

Its not that people are losimg money when it down qnd they cut loss. Not every battle on trading is always a win win. If you feel losing and preserving funds is the best way to minimize the loss then they do it. Thats fine cause they knew they already at loss.

[Charles-Tim]

It is better to follow valuable coins like bitcoin, at least, its all-time-high is certain, unlike many altcoins which are very risky, many altcoins later become shitcoins or dead coins, many were even scam, many were pumped and later dumped, this has been the reason I have preferred to follow valuable coins like bitcoin. If you want to get some altcoins, know that they are riskier, this is the time you should think to use the amount of money you can afford to lose for the investment.

[sunsilk]

#1 is the same as DCA. You sell at the ATH and then you'll remain some portion so if the peak is overtaken by another high, you'll still have holdings.

#2 there goes the airdrops or fork coins that we never intend to spend. And by some chance, we've looked at the price of it and checking them sometime. As we check them, the price shoots and you'll be easy to spend and sell them because they're free money.

[TreyARC]

I don't see where your points says you buy any of those tokens with your money, you earned them for free through airdops which only takes few minutes of your time, of course it's easier to hold such tokens for as longer as they one can..they cost you nothing.

[7deadlyBTCIN]

Don't let your points takes over you OP, earning coins or tokens through airdops is different from buying them with your own hard earned money, you are able to take your eye off them because you don't buy the tokens, don't go around buying tokens thinking they will do the same thing in few years later I consider this lucky because these two tokens are not even good.

[aysg76]

It is better to follow valuable coins like bitcoin, at least, its all-time-high is certain, unlike many altcoins which are very risky, many altcoins later become shitcoins or dead coins, many were even scam, many were pumped and later dumped, this has been the reason I have preferred to follow valuable coins like bitcoin. If you want to get some altcoins, know that they are riskier, this is the time you should think to use the amount of money you can afford to lose for the investment.

Bitcoin is always preferable and profitable in the long run and if you can hold it for long term then bitcoin is the best option with us but the majority has their excuse of it's expensive or are under the influence of others belive it will not rise after the normal dump situations.You can see lot of variation in top 10 coins on CMC and doge was at one time growing and passing the most of them but as expected when downfall of the memecoins started it was out of top 10 and billions were wiped out of market fast.

The most of altcoins in the market are shitcoins and maybe it seems they are rising but if you take a deeper look they are pump and dump scheme and once the whales or owners takes out the profits then the real game of dumping start and you have dead coins lying inside your wallets.So it's better to invest in bitcoin and you are will definitely have profits.

[Beparanf]

Snip

The idea is good as a newbie trader. People usually keeps on checking on there investment whenever they put significant amount of money in a coin that they don't afford to so lose. But this only applicable for long term investment goal and not through a casual trading because you will need to really check your investment in regular basis to make sure that the progress of the project is still good.

There's an instance that the project is falling or announce bankruptcy. They just give a due date to trade the tokens and the token will be useless after that. So if you are a long term holder without checking, You will be just disappointed if you open it after waiting a long period of time.

[Protomono]

1. I always like the idea of " not selling everything ", assuming I have 1000 tokens I always sell 90% even when they are at ATH, leaving very few coins and tokens behind do have it's time, there will come a time where they add more value, remember not every ATH is the last ATH.

Yes I agree with you. I always set aside 10% of the tokens I have when I feel it is appropriate to sell them. Because I also hold a belief like you, that the current ATH is not necessarily the last ATH and it is proven that almost all the tokens that I still hold touch the new ATH.

[DapanasFruit]

2. little coins that earned through airdops in 2017 they are not even close to 1$ and in January 2022 two of them did wonders, name is Avinoc and whackd token, I made 80$ from avinoc and 500$ from whackd, my main point here is if those coins have huge value at the time I would have sold them right? I took my eye off them because they have too low value...

Well, this happens to me many times and mind you I still have many coins left in MEW which dated back to my ICO days in 2017 and 2018. And yes while there are those that got some value right now I could not move them because the gas fees in Ethereum will most likely kill any profits I can get. To even things out, most of the coins left in my MEW wallets are already useless with devs that already left the projects years ago. Still, it is good to see some coins that seem to have resurrected themselves.

[Jackl87]

I find it more easier to hold coins and tokens if their worth isn't much, this means that we find it hard to hold simply because we invested too much money that we aren't ready to lose, here are two examples to back my point.

1. I always like the idea of " not selling everything ", assuming I have 1000 tokens I always sell 90% even when they are at ATH, leaving very few coins and tokens behind do have it's time, there will come a time where they add more value, remember not every ATH is the last ATH.


2. little coins that earned through airdops in 2017 they are not even close to 1$ and in January 2022 two of them did wonders, name is Avinoc and whackd token, I made 80$ from avinoc and 500$ from whackd, my main point here is if those coins have huge value at the time I would have sold them right? I took my eye off them because they have too low value...

It can be pretty tough if you are holding tokens in your wallet that you know of that you bought it for 1000$ for example but they are only worth 100$ at the moment or so, but i really think you need consequent here and don't sell those coins because once you have sold them you rally made the loss a reality. If you just keep hodling and wait for another few months or even 1 or 2 year then it is always possible that you will see prices like the one when you bought the coins or even higher ones again. So if you don't desperately need the money it is always good to hodl and wait for better times in my opinion.
It is also true that some dead coins might experience a sudden increase in value out of nowhere, then you need to be ready to sell of your airdrop coins because the price will probably go down again very fast.

[shinratensei_]

I find it more easier to hold coins and tokens if their worth isn't much, this means that we find it hard to hold simply because we invested too much money that we aren't ready to lose, here are two examples to back my point.

1. I always like the idea of " not selling everything ", assuming I have 1000 tokens I always sell 90% even when they are at ATH, leaving very few coins and tokens behind do have it's time, there will come a time where they add more value, remember not every ATH is the last ATH.

IM always using this kind of strategy to avoid another bullish trend that can make the price of token to go up even higher than what i have sold. i do believe if this is the best strategy to take the advantage from both. I meant you can earn from selling your token at ath and you can keep some to prevent unpredicted story if the price will be going up even further than before.

2. little coins that earned through airdops in 2017 they are not even close to 1$ and in January 2022 two of them did wonders, name is Avinoc and whackd token, I made 80$ from avinoc and 500$ from whackd, my main point here is if those coins have huge value at the time I would have sold them right? I took my eye off them because they have too low value...

This totally depend on how good the fundamental of token. if your old tokens got pumped so hard right now and just sold them coz they will worth nothing in the future. im sure that if it's just another short term hype but if that has good fundamental and just keep it. The only thing that consider whether you must have sold them all or not depend on the fundamental of project.

[ethereumhunter]

I think it's an important point in investing that you understand when you should sell your coins after you've held them for a while. But most people don't sell their coins immediately, even when the coin price is at its peak, because they think the price will continue to increase.

Yes, you decided very well. Sell ​​a coin at ATH and if the price of the coin falls quickly and hits bottom, you can buy again if your analysis says the coin could rise again in the future.

Not selling all the coins, even at peak prices, is great because you can prepare the coins to sell at even higher prices, although that may not always be the case. Low priced coins can work wonders in the future, especially if their project is always ongoing and provides good updates or progress. So maybe we have to be very selective about holding coins to only hold good coins.

[Wahyuihib]

If you get capital to trade from the airdrop program that you follow, I think that is an interesting thing. because most of the airdrop prizes are good, the coins we get can be directly traded. so the more often you follow the airdrop, the bigger you get the more new coins

[goldkingcoiner]

I find it more easier to hold coins and tokens if their worth isn't much, this means that we find it hard to hold simply because we invested too much money that we aren't ready to lose, here are two examples to back my point.

1. I always like the idea of " not selling everything ", assuming I have 1000 tokens I always sell 90% even when they are at ATH, leaving very few coins and tokens behind do have it's time, there will come a time where they add more value, remember not every ATH is the last ATH.


2. little coins that earned through airdops in 2017 they are not even close to 1$ and in January 2022 two of them did wonders, name is Avinoc and whackd token, I made 80$ from avinoc and 500$ from whackd, my main point here is if those coins have huge value at the time I would have sold them right? I took my eye off them because they have too low value...

Its just basic fundamental human psychology to become irrational when it comes to something they see as value. Especially when that something with value becomes something that is viewed as a huge value. The concept of value is subjective for everyone. While a poor man may put 1000 USD into Bitcoin and panic sell when it drops to a value of 800 USD or goes up to 1200 USD. That 200 USD is percieved as a large value.

A rich man could put in hundreds of thousands of dollars and not care about whether it goes up or down. And he hodls it for ages.

Guess who wins a worthwhile profit in the end?

[Zotak337]

I find it more easier to hold coins and tokens if their worth isn't much, this means that we find it hard to hold simply because we invested too much money that we aren't ready to lose, here are two examples to back my point.

1. I always like the idea of " not selling everything ", assuming I have 1000 tokens I always sell 90% even when they are at ATH, leaving very few coins and tokens behind do have it's time, there will come a time where they add more value, remember not every ATH is the last ATH.


2. little coins that earned through airdops in 2017 they are not even close to 1$ and in January 2022 two of them did wonders, name is Avinoc and whackd token, I made 80$ from avinoc and 500$ from whackd, my main point here is if those coins have huge value at the time I would have sold them right? I took my eye off them because they have too low value...

Its just basic fundamental human psychology to become irrational when it comes to something they see as value. Especially when that something with value becomes something that is viewed as a huge value. The concept of value is subjective for everyone. While a poor man may put 1000 USD into Bitcoin and panic sell when it drops to a value of 800 USD or goes up to 1200 USD. That 200 USD is percieved as a large value.

A rich man could put in hundreds of thousands of dollars and not care about whether it goes up or down. And he hodls it for ages.

Guess who wins a worthwhile profit in the end?

Hehe you have a point mate, this is why the rich always get richer, the way they think when it comes to creating opportunities can't be compared to that of a poor man's soul, that's why buffet said " be greedy when others are fearful and be fearful when others are greedy", that moment when everything seems over is when rich men take the advantage and poor men scared away .

[StormHawk]

I'm confused, isn't whackd token came into this world after John Mcafee died? Or imprisoned? That's 2020 I guess not 2017, can someone confirm this?

[Teraboy]

I do like with the first idea. That gives anyone a lesson to not miss the best chance to sell at high but this is quite risky to do that. As long as it doesn't go down and it's worth to keep our money even if that was only small amounts of tokens.
About the second idea. I do know that when you have been getting those reward for free and then the price is surging a lot right now and why don't you just try to sell and move this to the legit token and then you can create more money from another token like that? this will become the best idea so far. Remember that the pump can end anytime and you may miss the golden opportunity to sell your token at peak price.
You got it for free and why should you feel worry about that?

[marilynmanson21]

.

1. I always like the idea of " not selling everything ", assuming I have 1000 tokens I always sell 90% even when they are at ATH, leaving very few coins and tokens behind do have it's time, there will come a time where they add more value, remember not every ATH is the last ATH.

this point applies to me,  for real coins and entered in the CMC Top 100, not for new coins, if it reaches a new ATH I usually sell 1/2 of my assets, because 1/2 of my assets already give 100% profit from buying that coin sure and I use it to look for other coins that haven't reached the new ATH

[JayTrain]

This is a controversial situation, for example, I have examples where the coin goes down after its ATH and is no longer close to such a value for a long time, so these are all exceptions to the rules, situations are different, you need to look at each project separately and make decisions yourself.