ANSEL_2.0 (OP)
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August 14, 2022, 07:02:18 AM |
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Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.
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pooya87
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August 14, 2022, 07:52:54 AM |
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Your mistake is that you think you can earn profit by bag holding altcoins. That is not the right way. As you have already observed shitcoins like Doge get pumped and dumped, they don't have a future. In other words there was nothing stopping you from buying the shitcoin when it was getting pumped and selling it when the pump ended. You never needed to bag hold it hoping for a pump to come.
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Daniel91
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August 14, 2022, 10:25:30 AM |
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In crypto, there will always be projects around which great noise and fame are created (but without concrete value), and as a result, in the short term, there will be a great interest of small investors in such coins and a sudden increase in price. A small number of people who know how to recognize the right time to enter and exit that project will make big money, but most investors will lose because such projects are not sustainable in the long term. More experienced investors have seen this scenario hundreds of times, and the end result is always the same. If you want, you can find hundreds of such projects in the crypto every day, and if you want to gamble, you might get lucky and earn something.
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OcTradism
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August 14, 2022, 10:33:56 AM |
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If you buy altcoins that run on smart contract that is very risky. Developers can mint more tokens to the circulating supply.
If you ever known about Terra fiasco, death spiral and reaction of their developer team, you will understand the risk I wrote.
For altcoins, it is safer if you pick Proof of Work coins. Bitcoin, Dogecoin in your example are Proof of Work, mineable coins. Risk is lower than smart contract altcoins but having PoW does not mean it is safe.
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autumnleaf
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August 14, 2022, 11:49:11 AM |
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If you buy altcoins that run on smart contract that is very risky. Developers can mint more tokens to the circulating supply.
If you ever known about Terra fiasco, death spiral and reaction of their developer team, you will understand the risk I wrote.
For altcoins, it is safer if you pick Proof of Work coins. Bitcoin, Dogecoin in your example are Proof of Work, mineable coins. Risk is lower than smart contract altcoins but having PoW does not mean it is safe.
Now I see what it means about PoW so it is mineable just like Bitcoin.. may i ask about PoA? Proof of Authentication right? what does it mean?
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Taskford
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August 14, 2022, 12:01:10 PM |
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Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.
This is common huge misconception made by newbies because they think what happen from the past might also happen in future and remember that there are so many shitcoins created that's why much better if you invest then take profit rather than believing such another story which is somehow impossible to happen on new tokens created. But if you can take a huge risk about doing that well its up for you to try if you want to figure out if you became rich or get broke in future.
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passwordnow
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August 14, 2022, 12:18:35 PM |
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Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.
Just think of it that whatever the price when you've sold, you're happy with the profits. This is the crypto market and it will never stop wherever it is right now. The price could be low this time and as you've said, we don't know what will happen in the future. But to say that it can also happen for other coins, well, just to break that. It's possible but don't expect that it can be applied to all.
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Yatsan
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August 14, 2022, 12:23:08 PM |
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Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.
This is common huge misconception made by newbies because they think what happen from the past might also happen in future and remember that there are so many shitcoins created that's why much better if you invest then take profit rather than believing such another story which is somehow impossible to happen on new tokens created. But if you can take a huge risk about doing that well its up for you to try if you want to figure out if you became rich or get broke in future. I do agree. The problem is that newbies tend to generalize, likewise with non-crypto investors. They easily make judgements about this industry such as "an easy way to get rich", "follow the trend", "hodl" and the likes without thinking of a strategy or doing a technical analysis first. TA indeed does not guarantee things but atleast, it would be a better basis than intuition or any form of gues. In every industry, especially when it comes to investments, there are things to be learned first to make a start and to be good at something.
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RussianEnglishTranslation
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August 14, 2022, 12:56:06 PM |
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Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.
People often say that altcoins from 2017/18/19 will never hit their ATH again. I think that older cryptos with good partners and real world usecases, like LISK and ICP, will do well during the next bullrun because they have working projects, not just promises like other coins.
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Ziskinberg
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August 14, 2022, 12:59:00 PM |
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Many people had fallen into the wrong investment, choosing shitcoins thinking that buying them more will help them out and become rich. You'd choose Dogecoin over Bitcoin, and it was your choice either. Now you have realized the importance of listening to some advice and boldly seeing your mistakes and accepting it. Let this thing that happens to you become your guidance into the next step you will be going to do and make this a reason why you should not invest shitcoin but rather choose the reliable ones.
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Doell
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August 14, 2022, 01:13:10 PM |
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Imagine if you didn't sell it and the price continued to fall so you would panic sell everything and then lose to more? Your mistake is actually common sense, not a few people sell that meme at the wrong time, even also not a few people buy when ATH. The altcoin that can give you an advantage is ethereum with every update, meme coin is actually like gambling if there any pump immediately sell it and if dump you can re-buy it, not like investing in a viable project.
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Cuda911
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August 14, 2022, 01:43:42 PM |
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Doge got pumped, so do not believe that many shit coins will get pumped, since 2017 how many shit coins got pumped like Doge? Probably one or two, so are you ready to bag them shitcoins just to have one that will pump like doge or have few good projects where almost all of them can bring you good profits.
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cabron
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August 14, 2022, 02:15:14 PM |
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This is not how I understand the Phrase Be open to any possibility. But sure it will be great to still have some amount left. I just have to have left at least 500,000 Doge and not just 1067Doge.
Lets say you investing 50Million SHIB and will liquidate it all after the price goes 0.01USD, would you be leaving at least 5M SHIB in hopes that maybe the price will go $0.70 one day?
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GeorgeJohn
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August 14, 2022, 02:30:12 PM |
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Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.
No coin that's meant to remain constant in it's value. What we need is the growth of any coin. Dogecoin is good coin and their is very possibilities that it will make well during the period of bullrun. Because during the time of bullrun no coin that's free of been adamant in value without adding up. So, i have not seen anything that will make feels sober. Because i denote that cryptocurrency investment and also making profit it's basically on how we strategies.
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Jawhead999
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August 14, 2022, 03:12:02 PM |
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That's because Doge and other shitcoins are following Bitcoin price, if Doge or other shitcoins price move different than Bitcoin. Moreover when Bitcoin in bear season, but Doge price actually increase and break the new ATH. Then your prediction aren't wrong to predict the coins price.
You're better off predicting Bitcoin price since it's the factor of almost shitcoins price.
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vv181
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August 14, 2022, 03:24:40 PM |
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Sometimes we usually get puzzled by relevance in life. Investing in Doge does count. Personally, if I recalled how many Doges I spent a few years back, I was kind of mesmerised by how much money I potentially could have if I just simply hold it. But that's that.
The problem is, the fundamentals of Doge itself are kind of tricky, it is best to ratio our risk and reward to invest in a probable and fixated cryptocurrency who have already proved its profitability.
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CapGelatik
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August 14, 2022, 03:34:39 PM |
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Imagine me creating a topic in 2017 asking if doge coin can hit 0.70$ some day the answer would have been NO from almost everyone, what I have learnt from crypto projects is no matter how stupid a coin looks and you need to get out because its not doing fine always leave a bit behind, I sold all my doge coin 120k before 2021 bull market and left only 1067 Doge coin in my wallet, learn from my mistake.
surely the incident was very regretful for you, I have also experienced that, but this is not Doge but Ethereum, I really regret selling Ethereum under $500, but indeed it will be a lesson for me. so don't let you miss the next bull market, especially now that all altcoins are cheap!
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GeorgeJohn
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August 14, 2022, 03:38:58 PM |
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Sometimes we usually get puzzled by relevance in life. Investing in Doge does count. Personally, if I recalled how many Doges I spent a few years back, I was kind of mesmerised by how much money I potentially could have if I just simply hold it. But that's that.
The problem is, the fundamentals of Doge itself are kind of tricky, it is best to ratio our risk and reward to invest in a probable and fixated cryptocurrency who have already proved its profitability.
That's while it's encouraging to watch the proportion and the height of cryptocurrency some of them potentially before running investment. Because the way I saw Dogecoin from the initial i understand that it will make well in a reference time. Because the supporters and sponsors of Doge assured me that holding it for long time interval will bring a potential profit. At least sometimes we do use our past to learn a lesson.
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█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
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vv181
Legendary
Offline
Activity: 1932
Merit: 1273
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 14, 2022, 04:48:53 PM |
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Sometimes we usually get puzzled by relevance in life. Investing in Doge does count. Personally, if I recalled how many Doges I spent a few years back, I was kind of mesmerised by how much money I potentially could have if I just simply hold it. But that's that.
The problem is, the fundamentals of Doge itself are kind of tricky, it is best to ratio our risk and reward to invest in a probable and fixated cryptocurrency who have already proved its profitability.
That's while it's encouraging to watch the proportion and the height of cryptocurrency some of them potentially before running investment. Because the way I saw Dogecoin from the initial i understand that it will make well in a reference time. Because the supporters and sponsors of Doge assured me that holding it for long time interval will bring a potential profit. At least sometimes we do use our past to learn a lesson. If we trace back to the OP point which opens to any possibility, that is also worth thinking about. There are various types of investors, many are risk averse and some are just simply pure speculation. That's up to oneself to decide, but for me, I don't think I can stand to hold any cryptocurrencies that held none of any fundamental value. But it is good for you to able to take a profit after you held it for some time. Surely, I didn't have the courage to do so, as of now.
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GeorgeJohn
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 14, 2022, 04:54:29 PM |
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Sometimes we usually get puzzled by relevance in life. Investing in Doge does count. Personally, if I recalled how many Doges I spent a few years back, I was kind of mesmerised by how much money I potentially could have if I just simply hold it. But that's that.
The problem is, the fundamentals of Doge itself are kind of tricky, it is best to ratio our risk and reward to invest in a probable and fixated cryptocurrency who have already proved its profitability.
That's while it's encouraging to watch the proportion and the height of cryptocurrency some of them potentially before running investment. Because the way I saw Dogecoin from the initial i understand that it will make well in a reference time. Because the supporters and sponsors of Doge assured me that holding it for long time interval will bring a potential profit. At least sometimes we do use our past to learn a lesson. If we trace back to the OP point which opens to any possibility, that is also worth thinking about. There are various types of investors, many are risk averse and some are just simply pure speculation. That's up to oneself to decide, but for me, I don't think I can stand to hold any cryptocurrencies that held none of any fundamental value. But it is good for you to able to take a profit after you held it for some time. Surely, I didn't have the courage to do so, as of now. We are making a similar sentence in decencies that we all arrived in a profit making during investment. Secondly that's while i emphasis directly to verification of a coin during a long term investment. I believe that with normal proper search before investment you will make a potential profit per say.
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█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
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